Monday, February 6

PM tries to reassure over asset sales: NZ

The Prime Minister has defended some of the Government's most controversial actions at his annual Waitangi Day breakfast - including mining, asset sales and the Crafar Farms sale to a Chinese company.

Mr Key delivered his Waitangi Address this morning at a breakfast which included iwi leaders, officials and dignitaries.

He defended Government plans for partial asset sales, saying it would provide much needed capital for social investment such as upgrading schools.

However, he also attempted to reassure iwi leaders that the Treaty would not be a casualty of those asset sales - making a firm statement that although ditching the Treaty clause for mixed ownership model companies was listed as an option in the Government's consultation document, the Government did not want that to happen.

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NZ Herald

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