Tim Brown is encouraging the council to sell its shares in Wellington Airport episode artwork

EPISODE · Oct 9, 2023 · 8 MIN

Tim Brown is encouraging the council to sell its shares in Wellington Airport

from Wellington Mornings with Nick Mills · host Newstalk ZB

A Wellington City Councillor wants to take a leaf out of Auckland's book, encouraging the council to sell its airport shares. Wellington City Council has a 34 percent stake in the capital's airport. And Auckland Council recently sold seven percent of shares in Auckland Airport, to bring debt down. Councillor and former Airport Chair Tim Brown says this would provide insurance in the case of a major earthquake. He says Auckland encountered a massive storm with billions of dollars worth of damage, and people trying to find out how they'll cope. LISTEN ABOVE   See omnystudio.com/listener for privacy information.

Episode metadata supplied by the publisher feed · Published Oct 9, 2023

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Tim Brown is encouraging the council to sell its shares in Wellington Airport

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