Despite denying it repeatedly, Christopher Luxon admitted this morning he is looking at selling New Zealand’s assets. 

On the campaign trail in 2023, Luxon said asset sales were “not something we are focused on or interested in.” He’s repeated that line many times since.

But on RNZ today, he let the mask slip – saying “owning everything we own forever isn’t the right thing to do,” and that government assets “could be sold or redeployed.”

“Christopher Luxon knows his economic strategy is failing, so he’s desperate,” Labour Leader Chris Hipkins said.

“He has failed to manage the books, so he is reverting to type, turning to selling off the family silverware to fill the hole in his budget.

“Selling off what little we have left won’t fix the economy. It will just rob future generations and drive more young Kiwis out of the country.

“New Zealanders know a broken promise when they see one.

“Labour will protect what we own together and invest in New Zealand’s future. Through the New Zealand Future Fund we’ll grow jobs and wealth here at home, while keeping our assets in Kiwi hands.

“Labour will make better choices to ensure healthcare is affordable for everyone and take real action on the cost of living,” Chris Hipkins said.