No Investor Safe From Labour Government

ACT Leader Rodney Hide today said that no investor in New Zealand is safe from the Labour-led Government - it stole property rights from Telecom shareholders, investors in Auckland Airport and there is now a threat to SKY TV from State-owned TVNZ.

"Labour filled the TVNZ board with its cronies, who ran the business into the ground," Mr Hide said.

"Those cronies then demanded that the private sector competition be regulated out of business because they can't compete.

"It is no wonder that the national economy is faltering and New Zealand is slipping further and further behind the rest of the world. The election can't come soon enough," Mr Hide said.