The article examines the political and public challenges surrounding Prime Minister Christopher Luxon's push for a mature conversation on selling state assets, highlighting public scepticism, coalition dynamics, and economic concerns about asset viability and reinvestment.
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That's right. Um, one of Labor's uh key policies, or one of its only policies, uh, is that it wants to take uh dividends that the government receives from the investments it has in ver in various uh state-owned enterprises, take those dividends, ring fence them, and then put that money into New Zealand businesses. So they basically want to get get money that would otherwise be spent on health and education and whatever, and and put that into uh New Zealand businesses, be that equity or debt. Um so but you know, when Labor was last in government, they actually did this kind of thing already. You know, they took their money and they they lent it and they invested in various businesses. What they're proposing to do this time is instead of just taking the money from the government's main pot of money, they want to specifically take the the money from the dividends they receive and invest that. So it's just kind of creating a more complex structure, but it's trying to make the point that they don't want to sell state assets. In fact, they want to take the dividends from the state assets and invest it into other Kiwi businesses. So it's really about highlighting the fact they are anti-asset sales.
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symbolic rather than sustainable
Jenee Tibshraeny: NZ Herald Wellington business editor on the reactions to Labour's lack of info on the Future Fund policySpotted something wrong on this page? Report a correction.