Wrecking Crew

Hooton’s and Opposition’s wrecking crews destroy our reputation overseas

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Matthew Hooton’s wrecking crew

Matthew Hooton an his wrecking crew along with some handy help from the opposition politicians have helped to sabotage our international reputation, costing the country potentially billions more than the destruction they have already wrought.

An overseas fund manager has branded New Zealand as risky as Pakistan after losing money on investments in Chorus, Meridian and Mighty River Power.

Jason Pidcock, manager of the London-based $8.7 billion Newton Asian Income Fund, was quoted in investment newsletter Citywire overnight saying New Zealand’s political environment was a disincentive to investment.

“We are not going to invest any more money in New Zealand for the foreseeable future,” he said. ? Read more »

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