Asset sales - a game for fools

"The Green Party today released the detailed findings of a new report that shows the Government and the economy will be permanently worse off if asset sales go ahead."

Russel tripped-up and drove Bill English's rugged mug into the paddock with a question in the House earlier this week, around asset sales.


This report commissioned by the Greens shows how unsound National's asset plans are and how right those who oppose the sales, are. BERL chief economist Dr Ganesh Nana says,

"Even Bill English accepts that our high levels of indebtedness to overseas lenders is our number one economic vulnerability.

"His programme of asset sales would make that worse."

Dr Ganesh Nana's report concluded that, "It would be unwise from an economic perspective to embark on a policy that risked increasing external payment obligations."

Russel adds,


"The National Government has dug itself into a hole with poor economic management and poor choices; asset sales would only make it worse."