Russel Norman

From 100% to 5%

by Russel Norman

The Government has suggested that up to 90% of shares will be owned by New Zealanders, and Treasury’s figures show that around 5% of all New Zealanders will be able to afford to buy shares. Without even thinking of the Australian share float, which will dilute Kiwi ownership, the asset sales program is about a transfer of wealth from the public of NZ to a few.

Published in Campaign | Justice & Democracy | Society & Culture by Russel Norman on Tue, March 5th, 2013   

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