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Infrastructure expert says New Zealand needs asset sales and privatisation

Author
Newstalk ZB,
Publish Date
Wed, 29 Jan 2025, 5:54am
Photo / Mark Mitchell
Photo / Mark Mitchell

Infrastructure expert says New Zealand needs asset sales and privatisation

Author
Newstalk ZB,
Publish Date
Wed, 29 Jan 2025, 5:54am

Prime Minister Christopher Luxon has suggested National may take asset sales to the next election but denies there are any immediate plans for a sell-off.

Act’s David Seymour says it’s time to debate whether some government assets should be sold off if they aren’t delivering returns.

Economic Growth Minister Nicola Willis on Monday said Treasury had identified some areas where entities were not delivering “as well as it should” and more would be said in the future.

Infrastructure NZ Chief Executive Nick Leggett says New Zealand is falling behind on infrastructure and asset sales are needed to bring us back in line with other countries and improve assets we currently have.

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