ONE NEWS: The government says revelations that the National Party would sell off state-owned asset KiwiBank are a serious blow to the party's credibility.
National's deputy leader Bill English has been reported as saying the party would consider selling off KiwiBank eventually.
Finance Minister Michael Cullen says it would be bad news for the economy and raises questions about what other public assets would be in National's sights.
In a recording of English speaking to a delegate at National's Conference at the weekend, English is asked whether National will sell KiwiBank. He replies it would be sold eventually, but not now.
Cullen says that appears at odds with National's promise not to sell state assets in its first term.
National is standing by its pledge not to sell state assets in its first term and says the party would also seek a mandate from voters if they intended to change their position.
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