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Sydney light rail cost blows out to at least $2.7b after settlement

The cost of the Sydney light rail ‘public-private partnership’ has blown out past $3 billion. “The cost to the government of paying the private consortium to operate the line for 15 years had previously been put at almost $938 million. It is separate to the capital cost—now at least $2.7 billion—of building the line and buying the trams that will run on it. Labor's acting leader, Penny Sharpe, said taxpayers and businesses affected by construction of the line were paying the price of a disastrous project now costing upwards of $3 billion.” Calls for an investigation were prompted in January when it blew past $2 billion.

Source: The Sydney Morning Herald

“South Australia is Not for Sale”

The Public Service Association of South Australia says “South Australia is Not for Sale.” PwC has just released a report recommending that SA Pathology not be privatised for 12-18 months. “The PSA will continue to vigorously oppose further cuts to SA Pathology and any attempts to privatise this important public service as it has consistently done in recent times.”

Source: www.cpsu.asn.au

Labor considers an inquiry into $10b Melbourne to Brisbane inland railway

NSW Labor leader Michael Daley says a future Labor government will conduct an inquiry into the $10 billion Melbourne to Brisbane inland railway which could result in an overhaul of the landmark project. The Australian Financial Review reports that “while Labor is unlikely to scrap the $9.3 billion equity investment in ARTC, a review or inquiry into the planning process is likely to be announced. Another potential headache for the Morrison government is the Queensland government has yet to sign up to the intergovernmental agreement for the inland rail project. NSW and Victoria are already on board. The $10 billion project stops at the Queensland border. It is dependent on a complex 126-kilometre section tunneling through Toowoomba Ranges to Acacia Ridge in Brisbane's west which will be put to the market as a public-private partnership.”

Source: Australian Financial Review

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The government has privatized $50 billion in public sector assets

PSA General Secretary Stewart Little reports that the latest figures show the government as led by O’Farrell, Baird and now Berejiklian “has privatized $50 billion in public sector assets in a little over six years. This is compared to $6 billion over 16 years under Labor” (p. 10). Speaking of the privatized train-to-airport system, Little also points to media reports saying it “costs you more than $17 each way; $13.50 of that goes straight to the private consortium; money that could go to child protection, Disability Services, the environment or justice system” (p. 11).


Prison Privatisation in Australia: The State of the Nation Accountability. Costs, Performance and Efficiency.

The purpose of this report is to provide a description of Australian private prisons as they have evolved across the country. Our overview of private prisons in Queensland, New South Wales, South Australia,Victoria and Western Australia will give an understanding of the ‘State of the Nation’ with regard to prison privatisation and its impact. As stated, this study considers private prisons in Australia against four key categories: accountability, costs, performance and efficiency.

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Victory for public healthcare

Public service unions have won the battle to keep five New South Wales hospitals from being privatized thanks to the tireless efforts of the NSW Nurses and Midwives' Association, Australian Salaried Medical Officers' Federation of NSW, the Health Services Union NSW and local residents of Shellharbour, Maitland, Bowral, Wyong & Goulburn. The Power of the people kept NSW In A Healthy State!