Mon, 23 Jul 2012 6:01p.m.
The Govt's plan to give away free shares to investors could end up costing the taxpayer more than $1 billion in lost profit.
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24/07/2012 9:18:45 a.m.
Not to worry Fred and Wiseacre, given the 10% of taxpayers who pay 76% of all tax collected will be the ones purchasing the shares in the first place, they will effectively be paying for their own bonus shares anyway.
24/07/2012 6:13:26 a.m.
The poor are being forced to pay for handouts to the rich. Again.
23/07/2012 6:31:56 p.m.
Come to that - how about the the national party buy and pay a fair price for the company and then sell it on to whoever
23/07/2012 6:30:15 p.m.
The problem is that its not this or any other governments money - so the couldnt give a shit.
Mighty River Power shares debuted on the share market this afternoon, and immediately leapt 20c - or about 8 percent - in value.
All eyes will be on the Mighty River Power share price when the company lists this afternoon.
Finance Minister Bill English says the Government is "happy enough" with the price achieved for Mighty River Power shares.
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