When you have a great idea sometimes you just want to share it so others can benefit from your wisdom. If selling prime assets to reduce debt is a good idea for the nation, then it must be a good idea for Christchurch too. Right?
King Gerry has been forced to admit that he has received advice on selling the city's public assets to help pay for the re-build - see Radio NZ's Brownlee admits receiving advice on Christchurch asset sales. What's more, he thinks it is a good idea because the city's 'rainy day' has arrived and that's exactly what they've been saving those assets for. Right? Almost certainly 'wrong' as far as most Christchurch residents are concerned, and the response from Corporate Services Manager Paul Anderson indicates the Council is aware of that political reality - see Radio NZ's Council confident it won't have to sell assets.
The Government faces an election in 2014, but the councilors face the voters next year and there probably won't be too many candidates asking for a mandate to sell off the airport, port or electricity lines company. The 'Peoples Republic of Christchurch' stood against the tide as other councils flogged off local infrastructure and there appear to be few local regrets about that. Rather than being a piggy-bank to be broken into when times get tough, the assets are generally seen as an ongoing source of revenue. Hence Labour's Lianne Dalziel says 'the council has held on to its revenue-generating assets for years to keep rates in check' - see Newswire's Christchurch assets could be sold - Labour.
Greens leader Russel Norman has suggested an alternative way to raise the extra cash: 'It's really reprehensible that central government should be trying to use the earthquake to push their ideological agenda of asset sales, onto the Christchurch City Council, when the people of Christchurch have over many years have fought long and hard to retain their assets," he says. All of New Zealand should help Christchurch pay for the rebuild through a national earthquake levy, says Mr Norman' - see Radio NZ's Greens against sales for Christchurch.
Convincing voters to sell in order to build a stadium and convention centre that are likely to be money pits rather than money trees, will be a very hard task. Despite this, both the Canterbury Employers' Chamber of Commerce and the Christchurch Press think it is wrong to rule it out: 'That option, along with the strong involvement of the private sector in conjunction with the council and other options, must be open to proper financial scrutiny and careful consideration.' - see today's Press editorial: Reality of city plan sinking in.