67% opposed to National's policy, only 33% supporting. It is a resounding public rejection of privatisation, but without clearing what
John Key hypothesised would be an "interesting" point - nfortunately the total no vote of 895,322 is under National's
Party vote of just over a million at the
2011 general election - the Nats will not be swayed. Come hell or high water they seem intent on selling it all down.
The Asset sales
referendum results by electorate.
The blue ribbon
Tamaki and
Epsom electorates voted narrowly in favour, but all the rest were against. The
Maori electorates especially: only 5 - 8.8% in favour. And John Key couldn't convince his own electorate either: 47.7% in favour.
Was it a waste of $9 million? Not compared with the millions blown on the marketing and organisation of the share floats