26 May 2010

Maori 'keen' to invest in state assets

7:05 am on 26 May 2010

The head of the Federation of Maori Authorities says members of the Federation are keen to buy state assets if and when the Government puts them on sale.

Finance Minister Bill English has floated the idea of partial asset sales in a second term and used Kiwibank as an example.

Federation chief executive Ron Mark told Waatea News that FOMA members have come through the recession well.

He said they see investment in state assets as a way to diversify from their agricultural base. He said they have high levels of assets and low levels of debt.