ClareBear on Nostr: Indeed, New Zealand did end up having to buy back its rail service. Similarly, we ...
Indeed, New Zealand did end up having to buy back its rail service. Similarly, we also had to bail out the BNZ twice, spend $900 million to buy back a majority share in Air New Zealand - and we seem to feel obliged to subsidise an aluminum smelter for all eternity. When it comes to this country’s key national assets, privatisation has been a synonym for waste, for incompetence, and for systematic failures to invest and innovate.
https://www.scoop.co.nz/stories/HL2412/S00023/gordon-campbell-on-the-latest-round-of-ferry-follies.htm#nzpol
Published at
2024-12-13 20:40:11Event JSON
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