'Under Labor there will be no more privatisation of essential assets.' Sydney Water will be protected from being sold off to private interests if new legislation is passed by the NSW government. 9News
The newly-elected Minns government will introduce legislation to parliament this week to amend the Constitution Act 1902 to protect Sydney Water and Hunter Water from privatisation.Both utilities are statutory state-owned corporations and can be protected by an amendment to the Constitution Act. If passed, only an act of parliament could green light the sale of essential water assets.
Minns said the Liberals had spent 12 years privatising the electricity network, ports and toll roads, to the detriment of NSW residents, he claimed."Under Labor there will be no more privatisation of essential assets." In the lead up to the March election, won by Labor, Minns claimed then-premier Dominic Perrottet had been eyeing a possible sale of Sydney Water.
Perrottet argued major infrastructure projects in the state would never have been possible under a Labor government so opposed to strategic privatisation of assets.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chris Minns says coronation ‘didn’t meet the threshold’ to light up Opera HouseNSW Premier Chris Minns has defended the decision to not light up the Sydney Opera House for King Charles III’s historic coronation over the weekend. Mr Minns discussed the costs involved regarding projecting on to the Opera House when he was questioned on the issue during a media conference on Monday. “At the end of the day I’ve made a decision that we need to protect government money – we need to protect taxpayer money in particular,” Mr Minns said. “But I don’t think and didn’t believe it met the threshold for lighting up the Opera House given how much it costs.”
Read more »
Minns grilled over axing lighting Opera House to commemorate King's coronationNew South Wales Premier Chris Minns has been repeatedly questioned in a press conference over his decision to cancel lighting up the Sydney landmark to honour King Charles' crowning.
Read more »
NSW premier defends decision not to light up Opera House sails for King's coronationNSW Premier Chris Minns has come under fire for the decision not to light up the Sydney Opera House sails for King Charles III's coronation at the weekend. 9News
Read more »
Littleproud: Labor ‘demonised’ gas for nine yearsDavid Littleproud said Labor “demonised” the gas companies while in opposition and has failed to engage with them now in government, which is contributing to the higher prices Australians are paying.
Read more »
Time for Labor to deliver on pre-election promises: tech sectorLabor came into government with more ideas for the tech sector than had been seen since Malcolm Turnbull became PM. Now the industry wants the money to start flowing.
Read more »
Federal budget: Labor to collect billions more in petroleum resource rent taxTreasurer Jim Chalmers and finance minister Katy Gallagher announce changes ahead of budget tipped to be at or near surplus
Read more »