17 Aug 2012

Claim Govt's share sales plan kills future profit opportunity

6:33 am on 17 August 2012

The Government's plan to sell shares in State assets is being likened to killing the goose that lays the golden egg.

It's a view shared by some people in the Waiariki district opposed to the partial privatisation of hydroelectric power generators.

The Turangi community group, Advocates for Tongariro River - which promotes ways to look after the river - can't understand the economic plan.

Secretary / treasurer Eric Wilson says the Government shouldn't be selling something that makes money.

He says the Government wants to sell the goose with the golden egg so it can spend money on what it says is important to New Zealand.

Mr Wilson says he cannot understand the logic behind the Government's proposal.