More local councils are turning to asset sales in order to balance their books.

The Bay of Plenty Regional Council aims to sell off several majority shares in the Port of Tauranga, and Auckland, Christchurch and Wellington are also investigating potential asset sales.

Fisher Funds expert Sam Dickie explains what these sales might mean for investors.

LISTEN ABOVE

More local councils are turning to asset sales in order to balance their books.
The Bay of Plenty Regional Council aims to sell off several majority shares in the Port of Tauranga, and Auckland, Christchurch and Wellington are also investigating potential asset sales.
Fisher Funds expert Sam Dickie explains what these sales might mean for investors.
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.