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The Government believes there is significant merit in extending the mixed ownership model to four state-owned energy companies and reducing the Crown’s majority shareholding in Air New Zealand.
It will help reduce Government debt, increase investment opportunities for mum and dad investors and improve the companies’ financial performance, Finance Minister Bill English and State Owned Enterprises Minister Tony Ryall say.
- Bill English
- Tony Ryall
- Finance
- State Owned Enterprises
- Budget 2011
Finance Minister Bill English and State Owned Enterprises Minister Simon Power have formally asked Treasury for advice on the merits and viability of extending the mixed-ownership model to four more state-owned enterprises.
As Prime Minister John Key outlined this week, the ministers have asked for advice on the merits and viability of:
- Bill English
- Simon Power
- Finance
- State Owned Enterprises