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Assets selloff to cost $120m

The Government expects to pay contractors about $120 million to help sell its controversial asset sales plan message.... View post


What National doesn't want to hear about asset sales

Not holding hearings on asset sales in the run up to the budget is a deliberate tactic by National to save itself from embarrassment, Labour’s finance spokesperson David Parker says.... View post


Share loyalty scheme won't work - critics

Opposition parties say a loyalty scheme for shares in state-owned assets being considered by the Government is an admission it is concerned they will end up in foreign hands.... View post


Hundreds march on asset sales in Invercargill

About 400 people marched through Invercargill on Saturday to protest the Government's proposal to sell shares of state-owned assets.... View post


Little campaigns for national ballot

National's sale of assets legislation does not protect shares from ending up in overseas hands, nor does it limit the sell-off to 49 per cent, Labour MP Andrew Little says.... View post


Signing up to prevent asset sales

Gathering 10,000 signatures in support of keeping New Zealand's assets is a challenge Te Atatu MP Phil Twyford believes he can take on.... View post


Kiwis urged to sign keep assets campaign

Labour Leader David Shearer is calling on New Zealanders to express their opposition to National's plan to sell our assets by signing the petition to force a citizens initiated referendum on the issue.... View post


Waitangi Tribunal to challenge asset sales

The Government faces yet another spanner in the works over its planned asset sales; the Waitangi Tribunal will hold an urgent hearing over a Maori claim to ownership of water.... View post


Asset sales protests spark unlikely partnership

An unlikely partnership has formed to fight the Government's partial asset sales, with Grey Power and the New Zealand University Students Association launching a petition aimed at getting a referendum on the issue.... View post


Zombie protest suggests asset sales dead wrong

Protesters dressed as zombies targeted the New Zealand Stock Exchange yesterday afternoon.... View post


Campaign to force asset sale referendum begins

Labour leader David Shearer braved a chilly Wellington morning to collect signatures at the railway station, kicking off a nationwide drive to force a citizens-initiated referendum against the Government's partial asset sales programme.... View post


Iwi threatens lawsuit to halt power-asset sales

Central North Island iwi Ngati Tuwharetoa is threatening legal action to halt the partial sale of Mighty River Power and Genesis Energy unless it is given a share of the private sector profits to be generated from the use of its land.... View post


Question Time: Hon Clayton Cosgrove to the Minister for SOEs

Hon Clayton Cosgrove to the Minister for State Owned Enterprises: Does he stand by the Prime Minister’s statement regarding asset sales that “We are not going to do anything tricky there”?... View post


New figures 'show asset sales don't add up'

New figures, which show that New Zealand has lost $21 billion in dividends since the sales of BNZ, Telecom, and Contact, prove that asset sales are a folly that we don't need to repeat, Green Party Co-leader Russel Norman said today.... View post


Asset sales opposed at South Island hearing

Opposition to the Government's proposed partial sale of state-owned assets was unanimous at the only select committee hearing to be held in the South Island.... View post


Asset sales 'like a farmer eating his last chicken'

Selling off New Zealand's state owned assets is like a farmer eating his last chicken, MPs were told today... View post


Asset sales protesters rally at MP's office

A hikoi protesting against the partial sale of state-owned assets has demonstrated outside the Wellington office of Ohariu MP Peter Dunne.... View post


Asset sale hikoi marches on Parliament

Protesters have chanted "we've got the power" as a crowd of 5000 demonstrate against asset sales at Parliament.... View post


Aotearoa Is Not For Sale - Wellington Demonstration

The Wellington leg of the Aotearoa is Not For Sale hikoi.... View post


Will Dunne heed his own poll on asset sales?

United Future are polling the public about their support for partial privatisation.... View post


Cameron critical of efforts to sell asset sale benefits

A key player in the lead-up to the Government's decision to float stakes in State enterprises says the attempts to sell that to the public have been a disaster.... View post


Thousands join Queen Street hikoi

About 8000 people marched on central Auckland on Saturday afternoon as opposition grows to the Government's mooted asset sales.... View post


Hundreds protest asset sales in Nelson

Around 500 people marched through Nelson today and delivered an emphatic message to the Government - don't go ahead with asset sales.... View post


Resounding opposition to asset sales at select committee

A bill paving the way to partially sell the country's state-owned energy companies met with resounding opposition at a select committee hearing in Auckland today.... View post


Asset sales are not what they said they'd be

The way our public power companies are being privatised is nothing like the promise the National Government put to the electorate, Labour Leader David Shearer said today.... View post


Confidence and supply deal questioned

Doubt is being cast on the integrity of United Future's confidence and supply deal with the Government.... View post


Asset sales will hit power bills - Grey Power

Residential consumers with state-owned power companies face on average a $265 a year increase in their electricity bills if the Government continues with its plans to partially sell them, Grey Power has told Parliament.... View post


Locals denied opportunity to have say on asset sales

Public hearings on the Government’s asset sales legislation in Dunedin have been postponed, muting the voices of local submitters, says Dunedin North MP David Clark.... View post


Asset sales hearings 'a farce' - Mallard

Parliamentary hearings into legislation paving the way for the Government's partial privatisation plan for state owned power companies have been described as a sham.... View post


Loop holes in the asset sale plan?

National's asset sales programme is rolling ahead but Labour says there are some loopholes in the plans that could mean the Government loses its majority ownership. David Cunliffe talks to Breakfast.... View post


Anti-asset sale hikoi aims to create change

Organisers of an eleven day hikoi from Cape Reinga to Wellington are hopeful it can change the Government's partial asset sale plan.... View post


Aotearoa is Not For Sale hikoi begins today

A two-week long hikoi protesting against asset sales, privatisation, overseas land sales and the Transpacific Partnership Agreement (TPPA) will begin today in Cape Reinga.... View post


Why Greenpeace is adding its voice to asset sales march

Why Greenpeace is adding its voice to the 'Aotearoa is Not for Sale' march. Keeping our assets is key to embracing a clean energy future.... View post


Hundreds beg committee to stop sale of state assets

Hundreds of New Zealanders have written to a parliamentary select committee begging for a halt to the sale of state owned assets.... View post


Loophole allows sale of over 49pc

A loophole in the law covering partially privatised state assets will allow much more than 49 per cent of the value of the companies to be privatised, providing the extra shares do not carry voting rights.... View post


Ombudsman warns on power selldown

The Government's plan to block public scrutiny of partially privatised power companies is unjustified on commercial grounds and will see a valuable part of the democratic process lost, Chief Ombudsman Beverley Wakem has warned.... View post


Treasury hui notes: English flags more asset sales

The sale of shares in state-owned electricity generator and retailer MightyRiver Power is likely to attract more buyers than available stock when it's floated later this year, and the government is eyeing up two more sales next year, according to Finance... View post


Asset sales scheme guarantees moans - Editorial

Anyone repelled by the idea of commercialising state assets, let alone selling them off, need look no further than the electricity industry to find broken promises and tougher conditions for consumers.... View post


Then and now: Key on all sorts

John Key has built his political career on telling people what they want to hear. Eventually that strategy always catches up with people, and it’s catching up with Key big-time.... View post