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Saturday, September 09, 2006

Oppose mayoral asset grab

This letter to the editor appeared today (Sat. Sept 9, 2006) in the NZ Herald.
Dear Editor,
The Alliance Party and Pam Corkery campaigned successfully to save the Port of Auckland from being fully privatised in the early 1990s. Mike Lee, chairman of the ARC, completed the job last year by overseeing the buyback of the 20% of shares in the Port that were sold in 1992 by the Waikato Regional Council.
Now the big four mayors of the Auckland isthmus want to grab the $1.3 billion of ARC controlled assets, including the Port, to use to as a short-term fix for municipal spending that should be funded from local body rates and prudent borrowing. This blatant power play by the mayors, seemingly given the stamp of approval by Helen Clark and the Government, must be opposed by a similar campaign to that which saved the Port from sale a decade and a half ago.
The central plank of the mayors' plan is the abolition of the democratically elected ARC and its replacement by a patently undemocratic Greater Auckland Council which the mayors themselves and appointed business cronies will undoubtedly dominate.
The Alliance opposes this move and calls on all Aucklanders to mobilise in support of retaining ARC control of the region’s assets.
Yours etc.
Len Richards
(Alliance Co-leader)

1 comment:

Abdul el Razir said...

Bloody big business....ruining everything for the rest of us