I’d keep my money off-shore also!

3 News reports:

Labour leader is headed for the United Kingdom and United States for a series of top-level political meetings, including helping lobby for a United Nations Security Council (UNSC) seat. …

A spokeswoman for Mr Shearer said he has no plans to close his US-based UN bank account – where his salary was paid for about 20 years while he worked for the organisation – while he is overseas.

Of course. You’d be mad to bring your money back now. You have Winston wanting to nationalise KiwiSaver funds, and Labour and Greens wanting to nationalise the energy industry – plus Greens planning to print money which means a huge devaluation for NZ.

Every sensible investor will avoid New Zealand.

Tim Hunter at Stuff reported:

The Labour and Green parties’ power policy could wipe as much as $1.4 billion off the values of Contact Energy and Trustpower, says a Forsyth Barr analyst.

And they’re just two of 14 electricity generators.

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