Apr 12, 2021


Maori News & Indigenous Views

Asset Sales Shares Float while Ordinary Peoples Living Standards Sink

1 min read

As shares in Mighty River Power float on the Stock Exchange the living standards of many ordinary people will continue to sink as investors seek to recoup the money they have invested and demand higher profits. Power prices are highly likely to rise as a consequence.

294816_4161452613610_408707733_nAsset Sales Protest Actions at the Stock Exchange, Wellington (10 May at 7am and 12.30pm)

Nationals Asset Sales flagship policy is a `Shipwreck for the vast majority of New Zealanders who are seeing their childrens inheritance, living standards and affordable power being sunk by this Government.

Only 3% of New Zealanders `Get a Share in It (Mighty River Power). This Government is literally `stealing from the poor to give to the rich and legitimising trading in `stolen assets, says Aotearoa is Not for Sale Wellington spokesperson Ariana Paretutanganui-Tamati.

Asset Sales only benefits a few `mum and dad investors. As predicted by the opponents of these sales, its finance institutions and foreign corporations that have benefited the most.

Aotearoa is Not for Sale Wellington will stage a protest outside the Stock Exchange at 7am tomorrow Friday the 10 May to try and prevent a crime being committed. Later in the day they will also float and `sink a cardboard boat at Taranaki wharf at 12.30pm, the day and time of the share float to symbolise the above.

Spokesperson:Ariana Paretutanganui-Tamati 0274 470 431

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