NZ First leader Winston Peters Photo: RNZNew Zealand First leader Winston Peters has reversed his previous opposition to the Chorus debt sell-off, saying it is "monetisation" rather than an asset sale. In November, Peters told RNZ he did not support the proposal, calling it "creative accounting of the worst sort". "I don't support that idea. I don't support wanton neoliberalism, which is a disaster. The government's statement announcing the move last week was titled "earlier monetisation of Chorus debt".

Source: Otago Daily Times December 21, 2025 21:49 UTC