Pattrick Smellie: BusinessDesk managing editor on the increasing number of local councils looking into asset sales
More local councils appear to be drawn towards attempting asset sales.
The Bay of Plenty Regional Council has begun the process of selling a chunk of its majority share in the Port of Tauranga.
Auckland, Christchurch and Wellington are also investigating potential asset sales.
BusinessDesk managing editor Pattrick Smellie explains the benefits and drawbacks of this process.
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