'A pure NZ Inc play': Simplicity's InfraKiwi eyes power lines, ports, better returns than bonds

Reinvest in yo' 'hood: Sam Stubbs hinting at his InfraKiwi plan to reporter Garth Bray, on the site of a Simplicity Living build-to-rent development (Image: Corey Fleming/NZME) Simplicity KiwiSaver is going shopping armed with a plan to plug three gaps: the opportunity for investors between bond rates and equity returns; the chasm between infrastructure needs and the available funding and financing; and the valley of death any local body must cross when considering recycling public assets."How would you feel if your KiwiSaver fund owned your power lines or your water systems?"Simplicity founder and managing director Sam Stubbs told BusinessDesk he has put that question at around 50 public meetings in the p...