Larry Williams Drive

Wayne Brown is being called out for a gaffe this morning. The Auckland Mayor suggested at a council meeting Auckland Airport would be raising capital to fund a new domestic terminal. NZX regulator, NZ RegCo, halted trading for the publicly listed company for 70 minutes until the Airport clarified it had no such plans, and planned to use debt instead. Political Commentator Grant Duncan says it's a sign of poor governance. "The mayor's office rapidly put out a statement saying that the mayor was speculating, but his comments essentially were talking down the value of an asset that the mayor himself has said he wants to sell." LISTEN ABOVE  See omnystudio.com/listener for privacy information.