Mark Thomas - New Mayor for Auckland

Mayoral Debate: Asset Swapping To Fix Transport

At the recent mayoral debate I spoke about my plan to swap some of the assets Aucklanders have from one type of asset to another eg. half our airport shares for a transport or other critical asset.

I released this as part of my Affordability and Growth policy outline in March.

The $20M per year dividend loss would need to be made up in the reduced congestion cost or house price benefits.

I’m the only mayoral candidate who has a clear plan to fund some of our infrastructure deficit.

Aucklanders would have to support this via the annual plan process but I think it’s a debate worth having.

Watch what I have to say here.

 


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    Assets mayor debate video