POLL: What NBR readers say about Mighty River float delay

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Almost half of NBR ONLINE readers who responded think the government was right to delay the Mighty River Power partial share float until next year, according to a poll conducted last week.

Asked if the government should have delayed the float, 47% said yes and 53% answered no.

A delay could be seen as positive for investors, as more time to work out the deal should result in greater clarity and certainty about what is on offer.

The delay followed a recommendation from the Waitangi Tribunal that iwi should have more time to negotiate with the government over water rights.

Iwi have also asked for a preferential share deal – a "share plus option" – but Prime Minister John Key has indicated this is unlikely to go ahead.

The float of Mighty River Power shares is now scheduled to happen in March next year.


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7 Comments & Questions

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This is a thoroughly depressing state of affairs.
Nearly half the one-time-Kiwis-now-pseudo-green-voters actually believe there is something to negotiate .... around water....for starters![ Still sky, wind, lightning, thunder, hail (it is water too, you know). Etc.]
I want to believe this is a rigged poll and this cannot be true. Half the new Herald readers sure....they move their lips while reading.
Nevil you have serious work to do.
Anyone for our first workshop: 'Making your tanewha feel better about her life....through spontaneous gifting'?
You'd better get ready for it! 'Cos Ned Kelly's spawn and the pseudo-greens will do it if they get the chance. Wow.
We can do better than this.....and should.

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I wonder if John Key asked Vladimir Putin what he would do about the Maori water rights issue?

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You asked the wrong question. The question should have been whether the Government should annul the Treaty and abolish the Tribunal.

The question you asked ignored the elephant in the room which is what the Government should have done instead.

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The 'poll' results do nothing to clarify for me whether 47 % poll respondents believe it is commercially sensible to delay the asset sale until there is clarity as to WHAT EXACTLY is for sale ......or whether a high proportion of the 'on-line' readers are sympathetic to more money being paid to Maori for 'rights'....or other permutations!
In either event it begs the question as to what mandate does an elected parliament now have?

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The whole issue of asset sales should have been left well alone. If National hadn't embarked on this idiot policy the Maori would not have been given a foot in the door. Key has opened a can of worms by embarking on a policy which is deeply unpopular in the nation - when all he needed to really do was grasp the nettle of cutting spending on interest free student loans, WFF and superan. Now we are ALL going to have to pay because of resurgent Maori demands on water, air etc. Why the hell didnt National party strategists see this coming?

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Asset sales are hardly that unpopular, as you claim Crowd pleaser. National were elected to govern with assett sales being central to their economic policy. You may not have voted for them, but sorry. You were outnumbered.

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Oh yes they are - wait till the citizen's referendum on the issue - you'll get a 60% plus saying no.

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