Opposition parties are trying to tell you the Government is about to sell off state assets willy-nilly.

We’re not.  Over the next four years, the Government has an investment programme of $34 billion to ensure we have the roads, schools, hospitals, broadband and other infrastructure we need.

We can’t keep taking on debt to pay for this.  So, like any responsible business, we’re looking at what we can sell to fund this growth.

That’s how we came up with the mixed-ownership model.  That policy will see us offering investors shares in five companies: Air New Zealand, Meridian, Mighty River Power, Genesis and Solid Energy.

But the bottom line is that the Government will retain majority ownership in these companies.  That will not change, and at the same time Kiwis will get the chance to invest in companies that return solid dividends.