I thought asset sales were something the left could never actually permit to happen?
Opposition parties are urging Christchurch City Council not to sell assets to solve its funding shortfall.
A Cameron Partners report, released yesterday, says it may need to find an extra $783 million to $883m by 2019.
The authors put up four options for closing the gap: increase rates, borrow more, get money from insurance payments and sell assets.
Mayor Lianne Dalziel says the council can’t borrow any more money and will look at the other options.
That article would have been so much better had it said “ex-Labour MP Lianne Dalziel…”, and also a lot more honest.
Labour’s Canterbury recovery spokeswoman, Ruth Dyson, says her party will vigorously oppose short-term solutions.
“Asset sales would leave the city worse off financially and strategically in the long term,” she said.
Lianne Dalziel has discovered that once you actually sit there in the seat of power and you don’t have the luxury of chanting thoughtless pre-prepared protest slogans but actually have to solve a problem using practical means, asset sales aren’t of the devil after all.
They never were, of course. Â We all sell assets in our private lives and think nothing of it.
– NZN via 3 News