Wayne Walker: Auckland Councillor on Wayne Brown's plans to sell the long-term lease of the Ports of Auckland
Early Edition with Ryan Bridge · Newstalk ZB
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Show Notes
It’s believed that more thought needs to go into the Auckland Mayor's plans to sell the long-term lease of the Ports of Auckland.
Wayne Brown is putting forward two options for the port in his proposed 10-year budget, which also includes a rates rise of 7.5%.
He proposes either keeping the business and gradually releasing land for public use or selling the lease to raise up to $3 billion.
Auckland Councillor Wayne Walker told Tim Dower that the port does bring in a good amount of income.
He says they've been told it could be returning $2 million a week, which it's on track to do, as it's returning a million a week now.
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