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Labour loses bid to stop selling of state assets

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Labour loses bid to stop selling of state assets

By: Newstalk ZB Staff | Latest Political News | Wednesday August 29 2012 18:35

 

MPs have voted down a Labour MP's Bill which would have stopped state assets, including New Zealand Post, Kiwibank and KiwiRail, from being sold.

The State Owned Enterprises and Crown Entities (Protecting New Zealand's Strategic Assets) Amendment Bill, put forward by Clayton Cosgrove, was drawn from the member's ballot last month.

It has been voted down 61 votes to 60, due to opposition from National, with support from United Future and ACT.

 

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SOE bill |

 

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