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# Face of the Day
- URL: https://goodoil.news/face-of-the-day-754/
- Published: 2023-06-06T18:30:51.000Z
- Updated: 2023-06-06T05:56:46.000Z
- Author: Good Oil Staff
- Tags: NZ, NZ Politics, Politics, #wp, #wp-post, #Import 2024-07-16 22:22

> Transport Minister **Michael Wood** has been stood down over his failure to immediately declare shares in Auckland Airport, Prime Minister Chris Hipkins has confirmed.  
>  
> \[…\] Hon Kieran McAnulty will be Acting Minister of Transport.  
>  
> “Michael has indicated to me his intention to sell the shares in Auckland International Airport as soon as possible. \[…\]  
>  
> Earlier, Wood said the issue was [an “error” he apologised for](https://www.1news.co.nz/2023/06/06/an-error-transport-minister-on-auckland-airport-shares-blunder/?ref=goodoil.news) and he had believed the shares were held within a trust. He also said he had tried to offload the shares last year but the process “stalled”.  
>  
> National’s Paul Goldsmith said it was “a clear conflict of interest for a Minister of Transport responsible for Auckland’s transport network and as Minister for Auckland”.  
>  
> \[…\] Christopher Luxon said [Wood’s position was “increasingly untenable”](https://www.1news.co.nz/2023/06/06/increasingly-untenable-luxon-on-woods-airport-shares-error/?ref=goodoil.news) and believed Hipkins should have suspended Wood on Friday when he learned of the issue.

[Read more here.](https://www.1news.co.nz/2023/06/06/transport-minister-michael-wood-stood-down-over-shares-scandal/?ref=goodoil.news) Discuss it on *The BFD.*

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