Taxpayer Talk
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Taxpayer Talk
The Port of Auckland: a costly political football that hasn't scored success
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New Zealand Taxpayers' Union Inc.
In 2005, the Port of Auckland was delisted from the NZX and was taken over by what is now Auckland Council. Since then, the port has underperformed, become inefficient, and lagged behind other ports such as the Port of Tauranga. Jordan sits down with Greg Smith from Devon Funds to discuss how a public ownership model of Auckland's port has decimated its performance, value and status – costing Auckland ratepayers dearly.