Asset sales fight on, but Key claims mandate

DANYA LEVY
Last updated 09:13 28/11/2011
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Prime Minister John Key says he expects a fight on his hands in the new Parliament over National's plans to partially sell state assets.

National wants to sell up to 49 per cent of state-owned power companies Meridian, Genesis, Mighty River Power and Solid Energy.

It also plans to reduce the Government's shareholding in Air New Zealand.

Labour, the Greens and the Mana Party say National has no mandate for its proposal because New Zealanders are divided on the plan.

NZ First leader Winston Peters said National had no right to sell assets when polls showed up to 80 per cent of voters were against it.

"They don't have a mandate to sell assets now, anymore than they have a mandate to get rid of MMP."

NZ First would be "ready on that score", he said.

"This time (Key) is going to be in a real fight if he thinks he's going to get away with selling these assets."

Key this morning acknowledged there would "definitely be resistance".

However, asset sales were an "upfront and central" part of the election campaign.

"Labour argued strongly against it, we argued strongly for it," he told TVNZ's Breakfast programme.

"When you think we've delivered the biggest result in MMP history and the biggest result in our history since 1951, you've got to say we've got a mandate."

New Zealanders and political parties would have a chance to have their say on the plan as it would have to go through a select committee process to amend state-owned enterprises legislation.

"When we work through that programme it will be very popular with New Zealanders.

"I know that some New Zealanders don't think that now but there's a massive amount of capital that needs to be invested."

No parties had campaigned to buy back the 24 per cent of Air New Zealand shares not held by the government, Key said.

Mighty River or Genesis were likely to be the first companies "off the block", he told Radio New Zealand.

"My guess is not earlier than the later part of 2012 but we will need to be better advice on that."

National would keep its word, Key promised.

"Majority stakes held by the Government, mum and dads first."

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- © Fairfax NZ News

137 comments
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Rachel   #137   11:33 am Dec 29 2011

I'm not sure how he can say there is a mandate for asset sales when this was also the lowest election voting turnout for a long time, and there is no clear link between their policy on asset sales and people voting for them... autocracy anyone?

mick   #136   12:17 am Dec 28 2011

Notice how the "Stuff poll" shows less than a majority in favour of asset sales...exactly mirroring the election results.

mick   #135   06:32 pm Dec 27 2011

Key can claim want ever he wants but he is a liar if he says New Zealand gave him a "mandate to sell SOE's" .He received LESS than 50% of the votes and in fact got less votes than in 2008 .So clearly two things are clear ,Key has not received a "mandate" and he twist real facts to get his own way at the expense of New Zealand .Unlike Key New Zealand will survive the next election and we must hope the damage done by Key is recoverable.

Ryan   #134   02:03 am Dec 11 2011

While John Key may have been able to claim a mandate on election night (despite overwhelming public opposition to asset sales), now that the special votes have been counted National +ACT who support and campaigned on asset sales have 60 seats, while all those who campaigned against it have 61. Any mandate John Key may have thought he had is now gone. We can only hope that the Maori Party and the Progressives will vote as they campaigned.

Tony   #133   07:43 pm Dec 08 2011

Im Trying to get a blog going

http://nzassettsalereferendum.wordpress.com/2011/12/04/hello-world/

DkChocolate   #132   11:16 pm Dec 03 2011

Google "Privatization" and read the horror stories worldwide of selling off state owned assets and mineral and water rights etc. Privatization is very ugly; based mostly on greed and led by the banksters and narrow minded politicians and corporations who care less about the negative impact on the quality of peoples lives or the damaging effects on the environment. All about money, short term thinking and a very bad idea. We need to think long term and have a government and leader who cares for all of the people and all of the eco systems and all rivers and the environment and our future financial sanity and not a short term, quick fix, nightmare that is what " Greedy Privatization !! " is all about.

Carl Horn   #131   09:46 am Dec 01 2011

Key says "When you think we've delivered the biggest result in MMP history and the biggest result in our history since 1951, you've got to say we've got a mandate." Those numbers may be so, but of those NZers who voted more voted for parties other than National. That's hardly a 'mandate'. National may have received more votes than any other party, but they did not receive a majority of the votes. MMP is supposed to deliver a collaborative Parliament, not a divisive FPP Parliament. Key and his colleagues still live in the FPP past with a 'winner takes all' approach to governing.

Grant Bridger   #130   08:41 am Dec 01 2011

Just want to support those others who think this is a bad idea. no need to explain why, but I believe this will be hotly opposed in parliament and on the streets.

Webster   #129   11:22 pm Nov 30 2011

In my opinion John Key is exactly right. The asset sales and resulting capital made available in the form of the future investment fund is central to the National party's strategy. If you voted for the National party based on policy you have supported the partial sale of assets. If you have voted National for smile and wave politics, because your parents did or because you didn't know better I'm sorry but you've had your chance and will have to simply live with this policy. No one likes selling assets or paying more tax but then again no one likes being in debt, waiting for excessive periods of time on urgent medical care or sending their kids to a sub-standard school either. It's about whats practically best for NZ in the current global economy.

Craig   #128   04:51 pm Nov 30 2011

Just because somebody votes for National that doesn't mean they are voting for every single policy. Personally, I voted Green but the principle is the same. If we want a true democracy, referendums should be binding. There are many things wrong with our political system. No party should be saying we will or wont work with any other party. All parties are meant to be working for the greater good of all NZ'ers. The only way to achieve this is for all parties to work to find solutions that suit everyone. To say "we will not work with so and so" is to disrespect all the NZ'ers that voted for so and so. It is a devisive system. John Key has no mandate. Clearly most people think most of his parties policies are better than most of the other parties. That does not constitute a mandate for this particular issue. If he is so confident let him have a referendum. He won't because he knows 80% of NZers don't want asset sales. And that 80% includes many people who voted for him for other reasons.


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