Sale of State Assets

Despite a government promise that the toll on Brisbane’s Gateway Bridge would be temporary, it remains. Why? Government has sold this asset off and now Brisbane commuters will pay about $40 every week, indefinitely, for good! That’s just one example of what privatisation costs.

Following privatisation, Telstra halved its maintenance schedule and then halved it again. The system is now close to collapse and taxpayers are having to fork out $25,000 million to upgrade to the NBN. Another example of what privatisation costs.

AusParty's Roadmap for the Future ensures that the proposed sale of the electricity industry and Abbott Point terminal will be stopped.

 

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