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John Key's claims on asset sales laughable

Labour Party

Wednesday 23 November 2011, 1:12PM

By Labour Party

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John Key’s claim today that Kiwis support asset sales is laughable, Labour campaign spokesperson Grant Robertson says.

“I don’t know who John Key is talking to. New Zealanders are overwhelmingly opposed to assets sales, as polls consistently show.

“Just last week the New Zealand Study of Values Survey 2011 showed 75.9 per cent of respondents were against the Government selling off major assets. All other polls have shown similar results.

“Kiwis know it makes no economic sense to sell your best assets, which leaves the country vulnerable to future economic shocks and will lead to power price hikes.

“The only people who will be better off will be the overseas companies that snap them up and the Australian bankers who get to clip the sales process ticket to the tune of $100 million.

“Once these assets are sold there is no getting them back.

“The four energy companies and Air New Zealand are just the beginning. It’s no secret that Kiwi Bank will be next on the block.

“There is just five days for Kiwis to say ‘no’ to asset sales,” Grant Robertson said.