The Mighty River Power (MRP) share float is being rushed
through by a National minority government anxious to score a public relations
victory. For prime minister John Key, the float is his chief hope of
leaving behind a political legacy to be remembered after he has claimed his exiting
knighthood.
There will be tension between Mr Key, who would want to get
the shares away come what may to help him win his gong, and finance minister
Bill English, who should seek the highest possible price to pad out the
government’s ailing books.
