The state’s controversial rail corporation will be dismantled if Labor wins government at the next state election, and control of billions of dollars’ worth of trains and other rail assets returned to NSW’s transport agenciesLabor’s promise to abolish the Transport Asset Holding Entity is one of its first major Treasury-related policy announcements ahead of the election next March.
The controversial rail corporation controls billions of dollars worth of the state’s trains and other rail assets.The rail corporation has been the subject of intense criticism and a parliamentary inquiry since aLabor leader Chris Minns said TAHE had cost taxpayers $25 billion in write-downs and bail-outs, all the while putting at risk rail safety.
“TAHE has always been about the NSW Liberals pursuing their agenda for transport of privatisation and higher fares as well as perpetuating a huge budget con,” he said.The government was forced to write down the value of TAHE by $20 billion and inject billions of dollars into the rail corporation late last year.
Mattonews Can Labor get some policy rather than just lazy ass dog whistling from whatever the Herald has been whinging about? What actual benefit for the people do they expect from this?
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