A Wellington City Councillor wants to take a leaf out of Auckland's book, encouraging the council to sell its airport shares.
Wellington City Council has a 34 percent stake in the capital's airport.
And Auckland Council recently sold seven percent of shares in Auckland Airport, to bring debt down.
Councillor and former Airport Chair Tim Brown says this would provide insurance in the case of a major earthquake.
He says Auckland encountered a massive storm with billions of dollars worth of damage, and people trying to find out how they'll cope.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com