The
O’Farrell Government’s plans to privatize Port Kembla provide a window into a much
bigger plan to outsource the fixing of transport infrastructure around NSW and the
Illawarra.
The NSW
Infrastructure Report released yesterday hints that the indirect benefits of
the cheap price of the Port lease are geared towards the hope that private
investment will fix the state’s transport problems.
The report
makes clear that the NSW Government wants private money to finish the Maldon
Dumbarton railway link, a project on the back burner for decades, but one that
will increase the viability and growth of the Port.
All
indications are that the O’Farrell Government is putting up Port Kembla at a
cheap price so as to facilitate this.
The
$100m the Illawarra will receive from the $500 million sale price will go to
further facilitate the lessee's interests. There
will be nothing for education, health or any other benefits.
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