State Owned Enterprises and Economic Development Minister Trevor Mallard today announced a change in policy for State Owned Enterprises, which will encourage them to get into new business areas to help build New Zealand's wealth.
Labour must abandon its policy of rewarding cronies by appointments to State Owned Enterprise boards if they are to succeed in expanding, says National Finance spokesman John Key.
Labour's encouragement of State Owned Enterprises to invest in areas outside their core business is a tragic policy, says ACT Leader Rodney Hide.
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