Source: ACT Party
ACT is congratulating Wellington City Council on deciding to sell its shares in Wellington Airport.
“There is no good reason for local government to partially own an airport”, says ACT’s Finance spokesperson Todd Stephenson.
“Rates paid by Wellingtonians should not be supporting a council to play sharemarket games.
“Councils need to focus on delivering the basic public services they are responsible for: making sure roads are maintained, water systems work, and buses run on time.
“Today’s decision helps to support that focus and can help to keep future rate hikes down.
“Councils New Zealand over should take heart from the clear-eyed decision taken by Wellington City Council today.”
