News

AIG urges Qld to consider privatising electricity assets

THE Queensland Government has been urged to follow the lead of New South Wales and privatise its electricity assets.

NSW Treasurer Mike Baird announced this week the government was hoping to raise about $3 billion from selling the state's remaining electricity generators.

Australian Industry Group Queensland director Matthew Martyn-Jones said it was a "welcome reform".

"And it should be the catalyst for Queenslanders to have a detailed discussion about privatising its state-owned electricity assets," Mr Martyn-Jones said.

"The Queensland Government has made it clear it will not embark on major asset sales unless it has a mandate, so off the back of the announcement in NSW the timing is perfect to discuss this important policy reform.

"We acknowledge that these are difficult decisions for governments to take but that's what makes it so important to secure a broad coalition of support between the business sector and the community."

Topics:  australian industry group, electricity, queensland government



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