Fran O'Sullivan: NZME business commentator recommends Auckland Council should sell Auckland Airport shares - Heather du Plessis-Allan Drive

Auckland Council is currently facing a $200,000 dollar deficit, which is worse than previously anticipated.

In order to boost their finances, NZME business commentator Fran O'Sullivan recommends that Auckland Council sell off an asset.

Specifically, Fran O'Sullivan recommends that they sell their Auckland Airport shares because it's the easiest way for the Council to make an extra few million right away. 

"They've got an asset there worth over $11 billion dollars, a chunk of change from the council earns 18 percent, do the math. That's a reasonable amount of money that could come in. There are people hovering, let's face it, it'll be helpful." 

LISTEN ABOVE

See omnystudio.com/listener for privacy information.