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American Focus > Blog > World News > PM hints National could campaign on asset sales
World News

PM hints National could campaign on asset sales

Last updated: January 27, 2025 2:06 pm
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By Jo Moir of RNZ

The Prime Minister has suggested that National may focus on asset sales in the upcoming election, stating that a victory in 2026 would provide the mandate needed to proceed with them in the next term.

Christopher Luxon has made it clear that selling state houses is off the table, but he is open to discussing other asset sales with voters and potentially pursuing them in the future.

When asked about campaigning on the issue next year, Luxon stated that it would be part of their election program and that they would be transparent with New Zealanders about their plans.

Act leader David Seymour has also raised the topic of asset sales, particularly in relation to the healthcare system, suggesting that privatization should be openly discussed.

Health Minister Simeon Brown emphasized the importance of the publicly funded healthcare model and stated that while privatization could be considered in certain areas like infrastructure, there are no plans to change the current system.

Economic Growth and Finance Minister Nicola Willis highlighted the need to review the government’s assets and ensure that they are being utilized effectively for the benefit of New Zealanders.

Luxon reiterated his commitment to not pursuing any asset sales in the current term but expressed openness to the idea of asset recycling in the future.

He also mentioned that ongoing sales of state houses would continue, but ruled out any wholesale sell-offs.

With Brown now overseeing state-owned enterprises, Luxon expects him to assess the performance of each asset and ensure that they are well-managed and delivering on their objectives.

See also  European junk bond sales hit record as investors cut US exposure

Overall, the discussion around asset sales and the government’s assets is ongoing, with decisions on future sales being a matter for the National Party to consider before the next election campaign.

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