It seems that the Government is focusing more on public-private partnerships (PPPs) to get bigger projects. This step by the Government is being critisised by many.

Labor says it will certainly lead to a position where the Companies will opt for fire sales strategy in which they will go for the sale of the assets at extremely discounted prices.

Bill English, the Finance Minister stated that under the new policy, the Government organisations will have to go for PPPs for those projects, which will cost more than $25 million.

Labor finance Spokesperson, David Cunliffe said that this is a strategic plan by the Government in order to improve the economic condition and increase employment rate.

He further stated that the Government is hopeful that the private sectors will definitely provide financial aid for those projects that the Government cannot handle on its own.

Richard Wagstaff, the National Secretary of Public Service Association said that PPPs can cause financial danger for the Government and taxpayers. This can also lead to a complete loss of public control over Government’s services and facilities.

Richard further says, “The Government is once again presenting PPPs as a more efficient, value-for-money option but international evidence suggests these assumptions are wrong”.