1 Jun 2023

Would selling airport shares resolve Auckland's budget hole?

From Morning Report, 7:09 am on 1 June 2023
Auckland Airport international terminal

Photo: RNZ / Samuel Rillstone

This morning Aucklanders will be given an idea of what their rates rise could be, as the Council gets closer to finalising its budget.

Facing a $325 budget hole, Mayor Wayne Brown is expected to make an announcement around 8.30am.

He is proposing to sell the Council's 18% shareholding in Auckland Airport.

But councillor Christine Fletcher is one of several who isn't sure selling the airport shares is the right move, and she spoke to Corin Dann.