Foreign ownership - a vital issue for the left?

April 11, 2008

The announcement today by the Labour Government that it will veto the bid by the Canadian Pension Plan Investment Board to take a 40% stake in Auckland airport has met with strong approval from some sections of the NZ left such as the Campaign Against Foreign Control of Aotearoa (CAFCA) and the Green Party. But why are these groups so fixated on the issue of foreign ownership, when even under local ownership Auckland Airport is run just like any other profit making capitalist business and has over recent years been the scene of numerous incidences of industrial action by its workers fighting for better wages and conditions?

Below we reprint an article from the October 2007 issue of The Spark which looks at the nationalist crusade against foreign ownership of Auckland airport in greater detail:

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