Ausgrid sale hit by 11th hour NSW change to pricing policy
After three years of playing Mr Nice Guy, New South Wales voters are beginning to see the emergence of Mr Bad Guy. via Crikey
The ballad of Baird: how Teflon Mike became the big bad wolf: Bellevue Hill Boy - Alex Mitchell
The two parties remaining in the race for the assets, the sale of which Premier Mike Baird took to the last election, include the Chinese government-owned State Grid Corporation, and the privately held Hong Kong firm Cheung Kong Infrastructure.
State Grid is understood to have partnered with contracting firm Downer EDI, leading to fears it will use loopholes in the legislated minimum number of employees to cut costs.
Mike Baird under fire over Chinese bid for NSW power network
When you meet people in the street who say ‘I don’t want privatisation because it boosts prices’ and you dismiss them — they’re right, says Rod Sims. Governments are handing over unregulated monopolies ...
It’s not surprising privatisation has become unpopular, as it’s common for governments to trade off long-term public interests for immediate gain, says head of the Australian Competition and Consumer Commission. It’s become “severely damaging” for the economy, ACCC chair Rod Sims told the Melbourne Economic Forum on Tuesday. Despite having been an advocate of privatisation for the past three decades, the competition regulator is now “almost at the point of opposing privatisation”, he argues. Bad privatisation ‘severely damaging’ the economy: ACCC chair
BHS scandal: Six urgent reforms to save BHS clones in the making