Paul Spooner, Labor Candidate, Ballina Electorate
Is a bike track on a disused rail corridor the best we can expect from the National Party?
The Liberal/National government is spruiking the privatisation of our electricity poles and wires for $20 billion. A figure that is now in serious dispute with the Australian Energy Regulator cutting the value of the NSW electricity network by more than 27 per cent – blowing a multi-billion dollar funding hole in Mike Baird’s electricity privatisation plan.
What’s worse is if we sell off these assets where is the benefit for the Northern Rivers? Sydney can expect an $8.9 billion boost for public transport. What do the Northern Rivers get under the government’s plan for public transport? $0.
If we are going to sell off our future shouldn’t we be getting something in return?
The benefit of keeping the electricity network in public hands is that we all continue to benefit from the up to $1.7 billion we get every year that can be invested in schools, hospitals and infrastructure. Now that’s good management in my book.