The government is right to be concerned about the
performance of some state owned enterprises:
Simeon Brown has told various Government-owned companies they must explain why they are failing to deliver their cost of equity and how they will improve their return to the Crown.
The Minister for State Owned Enterprises (SOEs) told several of the SOEs – including NZ Post and Landcorp – that the Government was “disappointed and concerned” by their performance and they must deliver a “bold and challenging turnaround plan”. . .
