Lol. The disappointment is making the entities off balance without either the council or govt backing, meaning they have a much worse credit rating, meaning borrowing will be much more expensive. And also leaves them ripe for privatisation.
This is a laughable dig. Geez I thought you were better...
Lol, but National want to change the settings so it's much more expensive for local bodies to borrow and add clauses where it's difficult for those entities to get help if they get into financial difficulty. Hence the chat about setting up for privatisation. I thought you were the details man.
This seems like a very weak dig.
Why can't someone use their own report to defend their position? Unless of course the report is complete bogus, then sure hit away.
It looks like there was a proposal to explore privatisation of port operations...
Isn't Clint Smith talking about this. "The Govt passing a law prohibiting the city council from providing financial support to the water entity."
Or was that just a general smear?