Partial privatisation studies included in DB restructuring
The Next Federal Election and Passenger and Freight Rail
Transport and Logistics symposium to gauge railway link
Rail gets another CRC. Third time lucky?
Chinese high speed rail should confine the XPT to history
Hendy heads to NR
Urban rail news in brief - July 2015
Inland rail a trifecta for Toowoomba region: mayor
Federal Treasurer Joe Hockey will today attempt to convince his state counterparts to sell public assets and invest the profits in infrastructure.
The ABC understands the incentive the Federal Government is planning to offer the states could, in part, involve giving the company tax the newly privatised businesses pay to the states.
Federal Assistant Infrastructure Minister Jamie Briggs is confident most states will get on board.
"Most of the states are receptive to that; most of the states want to work with us to get more infrastructure built.
"I think you'll see a very cooperative approach, particularly from the big states," he said.
Queensland Treasurer Tim Nicholls is also keen.
"Anything that the Federal Government can do to help us both pay down that debt or achieve a pay down of that debt and invest in infrastructure is most welcome."
But new South Australian Treasurer Tom Koutsantonis says that move would see the Federal Government shirking its responsibilities.
"[Public assets] belong to the people of South Australia. They paid for them and no Federal Treasurer's going to force me to sell them," he said.
"We don't pay our taxes and charges to see our state-owned assets sold to fund infrastructure that the Government should be funding anyway."
Western Australia wants use the proceeds of asset sales to pay down debt.
This article first appeared on www.abc.net.au
About this website
Railpage version 3.10.0.0037
All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, all the rest is © 2003-2021 Interactive Omnimedia Pty Ltd.
You can syndicate our news using one of the RSS feeds.