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Simon Bridges: Not selling the full airport shares is second rate

Author
Newstalk ZB,
Publish Date
Fri, 9 Jun 2023, 7:30AM
Simon Bridges. Photo / NZ Herald
Simon Bridges. Photo / NZ Herald

Simon Bridges: Not selling the full airport shares is second rate

Author
Newstalk ZB,
Publish Date
Fri, 9 Jun 2023, 7:30AM

Auckland needs a deal.

Councillors will be back around the table at 10 this morning - as its budget considerations stretch into a second day.

Mayor Wayne Brown raised a proposal mid-way through yesterday's meeting.

He suggested selling only a portion  of the council's Auckland Airport shares, alongside higher rates rises and more cuts to Council Controlled Organisations and local boards.

Auckland Business Chamber chief executive Simon Bridges told Mike Hosking not selling the full airport shares is second rate.

But he says Auckland needs a balanced budget, even if it is sub-optimal, otherwise it's dysfunction junction.

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