Public first pri­or­ity

Kapi-Mana News - - OPINION -


I would like to respond to the Touch of Grey col­umn from May 1, in re­ply to the se­niors’ con­cerns on as­set sales.

We un­der­stand the public have many con­cerns on this is­sue but we want to as­sure New Zealan­ders that you are, and will al­ways be, our first pri­or­ity.

We don’t have to look far to read about the dam­ages too much debt has done to economies around the world. Our mixed own­er­ship pro­gramme can build a more com­pet­i­tive econ­omy based on sav­ings and in­vest­ment, and away from debt from over­seas lenders.

We are of­fer­ing New Zealan­ders mi­nor­ity share­hold­ings in four state-owned en­ergy com­pa­nies and Air New Zealand that will help the coun­try get on top of its debt.

The pro­gramme guar­an­tees the Gov­ern­ment will own at least 51 per cent of these com­pa­nies and pre­vents any other share­holder from own­ing more than 10 per cent. This en­sures wide­spread New Zealand in­vest­ment.

Through mixed own­er­ship we will be able to free up $5 to 7 bil­lion to build up pri­or­ity as­sets such as mod­ern schools and broad­band.

The al­ter­na­tive is a lot more debt and bor­row­ing from strug­gling for­eign mar­kets. This pro­gramme will give New Zealan­ders an op­por­tu­nity to in­vest in this coun­try’s fu­ture.

Na­tional’s goal is en­sur­ing our coun­try doesn’t go deeper into debt. We are a na­tion of smart, in­no­va­tive thinkers; let’s build a more com­pet­i­tive econ­omy to­gether to en­sure Ki­wis a brighter fu­ture.

I want to en­cour­age peo­ple to get in­volved in their com­mu­nity. Or­gan­i­sa­tions such as the ManaTawa Grey Power As­so­ci­a­tion are a great ex­am­ple of ef­fec­tively ad­dress­ing lo­cal needs.

KA­T­RINA SHANKS, Na­tional List MP, based in


Newspapers in English

Newspapers from New Zealand

© PressReader. All rights reserved.