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Fisher Funds expert: What does the uptick in asset sales mean for investors?

Author
Newstalk ZB,
Publish Date
Thu, 14 Dec 2023, 7:54pm
Photo / Alex Cairns
Photo / Alex Cairns

Fisher Funds expert: What does the uptick in asset sales mean for investors?

Author
Newstalk ZB,
Publish Date
Thu, 14 Dec 2023, 7:54pm

More local councils are turning to asset sales in order to balance their books.

The Bay of Plenty Regional Council aims to sell off several majority shares in the Port of Tauranga, and Auckland, Christchurch and Wellington are also investigating potential asset sales.

Fisher Funds expert Sam Dickie explains what these sales might mean for investors.

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