30-01-2025, 11:22 AM
(30-01-2025, 08:15 AM)king1 Wrote:Also the increased costs borne by the public in many cases. Examples being electricity pricing, bank duopolies, rail transport, airfares, etc.(29-01-2025, 06:32 PM)harm_less Wrote: Privatisation you say?
https://thekaka.substack.com/p/luxon-stu...vatisation?
That was a mighty list of privatisation failures in there... and when think of all the money spent on bailouts down the track, it must tend to negate the immediate benefit from privatising an SOE.
The possible silver lining in this situation is Winston's extreme disagreement regarding privatisation ideology. There are already cracks starting to show between the coalition partners and with the DPM position transferring in May (and the budget due then) it makes for a prime opportunity for Winston to break the coalition as his historic legacy to NZ politics.