A tweet promoting the $750 million New Zealand International Convention Centre project as a job-creating economic investment in Auckland, with a focus on international events and government leadership.
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And and the other thing they'll do, of course, Chewy, is they'll go like John Key did. It'll still be New Zealand. We have control, and then all of those investors when it needs a bailout, a la Air New Zealand. It's the safest, it's the safest gamble in the world because the government's going to make sure and ensure that it doesn't go bankrupt. And the investors who get that 49%. If I think even today when we're going to play Nicola Willis piece, she says, well, you know, we're not talking about things like Air New Zealand. The government has to be involved with that because we have to have a functioning airline. It's like, yeah, and all that other 49% that you sold off, they're all sitting there going, we're now making extra money off the New Zealand public because the government's not going to let this thing fold. So it's it's it might as well be a uh a 10% you know, long-term investments in a bank because the government's not gonna let it fold. So therefore, then you're playing this game where you're partially selling off things, and then you're loading the risk onto the uh the people of New Zealand, not the investors, because you can't let it fail. So we pay for that. And I wouldn't mind paying for it if we owned it all, but when we don't own it all, when we pay for it, then you're helping the private investors who have now bought 49% of it. It's ludicrous. All right. Uh last question, uh, last comment from uh these two this morning. Um there does, and we talked about this earlier in the week. Um, the announcement that uh Mr. Luxon made, shall I get the exact quote? It'll probably be in my notes from earlier in the week.
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dense, inaccessible, and politically charged
#BHN Garys Economics with Chloe Swarbrick | Willis excited for cuts | The Bish and McAnulty on Kiwibank sale and the coalition's race to the bottom on immigrationSocial-media signal on the same topic, drawn from the social lens. Engagement is likes + 2×shares + 3×replies, the same weighting used across the digest cards. View on /social →
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