More local councils appear to be drawn towards attempting asset sales.

The Bay of Plenty Regional Council has begun the process of selling a chunk of its majority share in the Port of Tauranga. 

Auckland, Christchurch and Wellington are also investigating potential asset sales.

BusinessDesk managing editor Pattrick Smellie explains the benefits and drawbacks of this process.

LISTEN ABOVE

More local councils appear to be drawn towards attempting asset sales.
The Bay of Plenty Regional Council has begun the process of selling a chunk of its majority share in the Port of Tauranga. 
Auckland, Christchurch and Wellington are also investigating potential asset sales.
BusinessDesk managing editor Pattrick Smellie explains the benefits and drawbacks of this process.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.