Yeah, ‘cos we’ve beeen booming since the first two nat budgets slashed the top rate of income tax and gave ‘rich pricks’ $1000pw they didn’t deserve.

Like the crafar farms and asset sales, exporting minerals from conservation land would only benefit foreign interests and those with too much already.

It’s good to see the Maori party taking a stand against this, whatever the reason for them doing it it works for us. Let’s just hope the Maori party have actions to back up their threats.

But I can see why National is trying to raise revenue and I kind of wish they went through with mining national parks instead. It’s like New Zealanders want the government to improve the economy but at no cost to the public or the environment. We need industry and we need growth, I say we mine national parks under state ownership and seek out oil under state ownership too. Export the resources and use that revenue to reduce taxes and we would boom.

But all along it intended to ensure that terms that suited the minority shareholder would be legislated for.

Wonder why it made none of this known before the election.

Buy back all shares at issue price, no matter the price they are when the government takes them back.

As for applying the principles of the treaty to the minority shareholders – that is not even legal. You cannot apply the treaty to private citizens – they are not a party to it. It applies only to Iwi and the Crown.

Of course the intention is for them to run like private companies. They are the most profitable – which is actually best for the government and taxpayers alike!

They both cant be the ones he pitching the shares too.
I wonder which ones hes listening the most to ?

Fortran, which land did Air NZ own when it was sold that could be part of a treaty claim?

Nobody could afford to remove the voting rights of the private (read IWI as well) shareholders.
The legal profession would keep this going for years.