It’s believed that more thought needs to go into the Auckland Mayor's plans to sell the long-term lease of the Ports of Auckland.
Wayne Brown is putting forward two options for the port in his proposed 10-year budget, which also includes a rates rise of 7.5%.
He proposes either keeping the business and gradually releasing land for public use or selling the lease to raise up to $3 billion.
Auckland Councillor Wayne Walker told Tim Dower that the port does bring in a good amount of income.
He says they've been told it could be returning $2 million a week, which it's on track to do, as it's returning a million a week now.
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.
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
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!