Richard Wagstaff: NZ Council of Trade Unions President on Health NZ potentially using PPPs as investment options for hospitals
Heather du Plessis-Allan Drive · Newstalk ZB
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Show Notes
Public-private partnerships have sparked debate, following the release of Health NZ's operating model.
The agency's new operating model mentions private sector participation as an investment option for hospitals- but the Government doesn't believe it's an appropriate way to fund health infrastructure.
NZCTU President Richard Wagstaff says PPPs are a good deal for private businesses- but haven't worked out for taxpayers.
"The Government can always borrow money- if they make a profit, they'd have to borrow money more expensively, and it leaves us really holding the can, particularly if it goes wrong."
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