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Are some of the Government's assets too expensive to keep?

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九一星空无限talk ZB,
Publish Date
Tue, 25 Feb 2025, 9:56am
(Photo / Getty)
(Photo / Getty)

Are some of the Government's assets too expensive to keep?

Author
九一星空无限talk ZB,
Publish Date
Tue, 25 Feb 2025, 9:56am

The cost of keeping Government-owned assets could be more than the return it's getting from them.  

A report by The New Zealand Initiative says the Government owns $571 billion in assets, yet the returns from them don't even cover the interest on loans used to buy them. 

Author Bryce Wilkinson is calling for a review to identify if assets should be sold, and if so, which ones.   

He says the Government should be asking if someone else could put the assets to better use to improve public access. 

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