Photo / The Daily Post Picture, Andrew Warner.
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Photo / The Daily Post Picture, Andrew Warner.

Mighty River Power has been confirmed as the first state company that will have shares sold off under the Government's partial asset sales programme.

Having been sworn in just yesterday, Cabinet has moved fast to get the Government's "mixed-ownership model" going, with the issue a focus for Cabinet in its first meeting's agenda yesterday afternoon.

Under the model, up to 49 per cent of shares in Crown companies, including three other power companies and Air New Zealand, will be sold off.

Are you hoping to buy shares in NZ assets? Here is the latest selection of Your Views:

  1. your views
  2. Troy says
    "Absolutely will buy shares, so that I can become even more richer than I am now to enable me to put more money back into the economy."
  3. Greg S says
    "Mighty River will never be sold. 200,000 New Zealanders camped around the Beehive will put a stop to that nonsense. John, collectively we already own it, back off."
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