NSW WILL BE THE ONLY PLACE IN THE WORLD
WHERE PRIVATISATION LOWERED PRICES
THE state's electricity assets are likely to be sold under the O'Farrell Government, with key members of cabinet preparing to overturn the Coalition's opposition to a sell-off.
A government source told The Sunday Telegraph that "selling electricity is an absolute no brainer".
"Not only do you get the money for some gold-plated infrastructure, you also bring down the price of power in this state," the source said.
PRIVATELY OWNED COMPANIES
MILK THE INFRASTRUCTURE TO DEATH TO INCREASE PROFITS!
Experience around the world indicates that these companies run their assets into the ground, knowing that governments will always be there to pick up the pieces.
Government has no choice with such an essential product.
In England the government has had to spend large amounts of money just to bring the infrastructure of some companies back to the level of service they had before privatisation.
The water in England was also privatised, many of these companies have had to come under government control because of shocking maintenance records.
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