Rt Hon Winston Peters
New Zealand First Leader

3 September 2012

Complete Government Back Down On Asset Sales Still Possible

New Zealand First says more pressure must be mounted on the Government to force them to cancel its highly unpopular asset sales programme.

Rt Hon Winston Peters says today’s decision by the Government to delay the sale of Mighty River Power is nothing more than a good start to halting National’s entire asset sales policy.

“It has taken the threat of legal action to bring the Government to its senses.

“Now it is up to the public to heap more pressure on John Key by signing the petition calling for a referendum to halt the asset sales.”

Mr. Peters says selling high yield public assets is a bad idea and is being pursued by National for ideological outcomes to benefit the bank balances of John Key’s rich mates.

“All ordinary New Zealanders can look forward to is the company’s new foreign owners making fat profits by pumping up electricity prices.”

ENDS

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