03-02-2015, 09:55 AM
I think the issue is the end effect on consumers.
Sydney airport was privatised 10 odd years ago and has become the rip off capital of the country despite paying no tax. For example a train ticket from Panthers station to Mascot is around $5 but then increases to $17 to enter domestic terminal. They did it because they can.
Apply that free market scenario to public transport and utilities and you have a lot of uncertainty in the community.
Can't comment on the asset leasing though as I'm not aware of the terms etc.
Sydney airport was privatised 10 odd years ago and has become the rip off capital of the country despite paying no tax. For example a train ticket from Panthers station to Mascot is around $5 but then increases to $17 to enter domestic terminal. They did it because they can.
Apply that free market scenario to public transport and utilities and you have a lot of uncertainty in the community.
Can't comment on the asset leasing though as I'm not aware of the terms etc.