has been criticised as “very unwise” and one which will be almost impossible to make work in practice because minority investors holding a proposed 49 per cent stake will want a decent return.said the Andrews plan, where the Victorian government would own a 51 per cent stake of a new SEC, ignores the commercial realities, and is unlikely to end up lowering power prices for consumers.
“People do not trust government to act in a commercially appropriate way. So, control inevitably ends up with the private sector.”Mr Bevans said the government might start out with the ambition of achieving control, but it’s improbable that that will be the outcome. “The last Productivity Commission reports in 2013 and ’16 on this came out very strongly in favour of outsourcing privatisation and ... and PPP is, by the way, as a far more efficient way of delivering and operating infrastructure.”
Mr Shepherd, also the chairman of Infrastructure SA, a body set up in South Australia to assess the viability of potential infrastructure projects for the SA government, said it was important to have a disciplined cost-benefit analysis, but wider elements also needed to be fed into the decision-making such as a social and longer-term economic view.
industry funds have nearly $1trillion in assets under management, not only would this investment be a drop in the ocean for them but they are desperately looking for ESG and impact investments of which this clearly fits the brief
I thought I heard Australians at the last election say we want wages moving, IR reform and an end to corporate welfare. Put that in your headline. MurdochRoyalCommission
Say robber barons
corporatisation worked in NZ. privitisation stuffed the working model up
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