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Seymour pushes for privatisation: 'Govt hopeless at owning things'
(www.1news.co.nz)
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That money comes from consumers and unless those consumers are tourists or buyers from overseas it's actually another form of taxation.
I am not against SOEs but I am against them running as a for profit entity. They should be run as a non profit entity to provide competition for the monopolies that run this country.
We should have kiwibank but we should also have a state owned supermarket chain, petrol stations, power providers etc. They should be run as a non profit or at a minimum have their profits capped somehow.