Scoop has an Ethical Paywall
Licence needed for work use Learn More
Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

SOE Expansion A Tragedy

SOE Expansion A Tragedy

Rodney Hide
Friday, 2 June 2006
Press Releases - Economy


Labour's encouragement of State Owned Enterprises to invest in areas outside their core business is a tragic policy, says ACT Leader Rodney Hide.

"SOEs have made some terrible investment decisions in the past", Mr Hide said.

"They lack the financial discipline that shareholders bring to private companies, and inevitably end up mixing economic and political goals.

"Businesses and consumers need tax cuts, lower compliance costs and less government.

"Labour should focus on governing, and let businesspeople run their businesses", Mr Hide said.

ENDS

Advertisement - scroll to continue reading

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 
 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.