Should Centreport be sold?
Fran O’Sullivan writes:
There will now be a contest for resources as the main South Island transport link is rebuilt and defective Wellington buildings are removed.
What is a pity is that CentrePort is not a listed company, as it would have had to make much more full disclosure about the vulnerability of newer commercial buildings on reclaimed port land.
This is a good point. We often overlook that having at least partial private ownership of companies massively increases transparency.
It would be great for every Government and local Government SOE to have even a small portion listed on the NZX as this would actually increased public transparency.