heather roy goywhldfnltapparliamentgovtnz heather roys diary heather roys diary weekly newsletter heather roy mp receive diary every week visit wwwactorgnzsubscribe melodrama auckland airport auckland international airport limited wellfunctioning company makes money expanding anyone whos recently travelled auckland know shares sale anyone buy would seem july last year dubai aerospace sought acquire majority stake auckland airport following public uproar local government disapproval withdrew offer week another interested party canadian pension fund rules changed suddenly finance minister dr michael cullen announced regulations put place order council meaning parliament unable scrutinise debate vote issue change rules around proposed sale exactly problem really believe noone kiwis allowed invest new zealand severely limit growth options would really harm us foreigners want buy shares cant exactly pick airport take dubai canada anywhere else matter physical assets safe might adopt policy employing people thats unlikely actual fact growing company means jobs local kiwis perceived concern profits taken offshore maybe thriving company knows reinvestment essential real harm situation done local investors fact summed beautifully thursday dominion post cartoonist tom scott wwwstuffconz683577a17218html sir robert muldoon took lot criticism saying new zealands foreign policy trade one level absolutely correct new zealand exports much larger proportion production countries time also large importers new zealand global trader long term global economy became popular unfortunately however habit running deficit simply means buy sell last year behind eight percent effect trend importing export many years make interest repayment major part outgoings many international commentators wondered long keep predictions abound international investors tire funding deficit new zealand dollar fall precipitously yet economy defied pessimists long time lot interest investing new zealand stable democracy little corruption fast developing pacific rim remain attractive destination investment capital believe theres nothing wrong foreign investment need act improve balance trade ensure dependent foreign investors moment fact loss international confidence would damaging put things familiar terms could fund debt loan mortgage mortgage bank interest house lost confidence could foreclose force pay cash front everything put mildly would difficult things different business large company country want buy things dont ready cash given large amounts foreign investment new zealand importance filling deficit governments hysterics auckland airport distinctly cynical element asset sales foreigners always unpopular recent years labour party preferred leave policies economic illiteracy foreign investment scaremongering new zealand first however poll ratings tailspin labour reaching back socialist past according labour foreign investment strategic assets apparently bad thing government week didnt need anything changing rules try affect sale auckland airport already process place establish whether overseas ownership new zealand property desirable entitles overseas investor make offer new zealand owner compulsion sell attempt canadian pension fund buy 40 percent share auckland airport benign gets organisation rules changed last moment great harm reputation investment destination lest forget march 4 1945 princess elizabeth queen elizabeth ii managed convince father allowed make direct contribution world war ii effort joined womens auxiliary territorial service known 230873 second subaltern elizabeth windsor trained driver drove military truck served training first time princess taught together students experience said enjoyed immensely prompted later decision send children school rather educated home every monarch nominally named commanderinchief british canadian armed forces royal women given honorary ranks queen elizabeth first date female member royal family actually serve armed forces ends please feel free pass others may interested heather roys diary weekly newsletter heather roy mp receive diary every week visit wwwactorgnzsubscribe information please visit wwwroyorgnz note soon using new system put heather roys diary find longer receiving diary please contact goywhldfnltapparliamentgovtnz ensure reregistered subscribed list user22gvcceaschallengecc unsubscribe list please click httpclientminervamailcomunsubact130442a72e21081 would like comment anything weeks diary please send email sally guinness address heather roy mp act new zealand parliament buildings wellington phone 04 470 6631 email goywhldfnltapparliamentgovtnz sallyguinnessparliamentgovtnz web httpwwwactorgnz httpwwwactorgnz wed 06 aug 2008 202021 1300 act heather roys diary heather roy