Public first priority
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