Day: 8 September 2023

New report shows major downsides to Ports of Auckland privatisation scheme

A key con­cern com­ing out of the report is the poten­tial for price hikes hit­ting port users – then being passed on to local indus­try and con­sumers. Pri­vati­sa­tion of oper­a­tions at Ports of Auck­land is esti­mat­ed to hit local port users with NZ$70 mil­lion in extra costs annu­al­ly.