Asset Sales Labour v National
Based on a release from Tony Ryall, a useful guide as to how National and Labour did asset sales. And recall Phil Goff, Annette King and Trevor Mallard vote for the Labour asset sales.
Labour 1988 – 90 | National 2012 | |
Announced policy before election | No | Yes |
Used urgency to pass legislation | Yes | No |
Kept majority in Govt hands | No | Yes |
Sold all or most to foreigners | Yes | No |
Priority for NZ investors | No | Yes |
10% share cap | No | Yes |
Allowed select committee hearings | No | Yes |
Public float | No | Yes |
Labour sold a total of 15 assets, so some answers vary by asset sold.
What this shows is that National have acted entirely properly with their partial asset sales, and in fact it was Labour that did everything they accuse National of doing.