mattwnz:BraaiGuy: I too am all for asset sales, but only because I see it as a way to get us out of this financial mess.
That is just it, it won't get NZ out of any financial mess. They don't actually know how much it will make, but some estimates are around the 4 billion. That is not going to go very far, and once you have sold it, you can't sell it again. They are only selling 49% too, so will retain most of ownership.
Its going to help...
Increasing welfare/borrowing more money won't. And if we allow the debt to continue on the current path, our assets will be worth peanuts anyway
And selling 49% is not exactly selling it off.