Pander to China, not panda!

Are you seriously saying that we should allow the Chinese or any other foreign group to take control of our power stations?

It will be a case of "poor fellow, my country" if we let foreigners control our water and power.

Would the Chinese allow Australians to get control of their power stations? That's a laugh.

Why are the Chinese buying our big acreages like Cubbie Station. Why are they buying up ports all over the world..Piraeus in Greece for instance.

Foreign investment, yes.

Foreign control, no.

This must become an election issue.

The public who own the power stations have already said NO to the fire sale of their generating assets.
I wouldn't mind if those wishing to privatise power? Flagged it as a solid pre election commitment!
In any event, the NSW Govt. has another option, which remains untried in this country.
Namely, self terminating 30 year infrastructure bonds.
It's about time govts of all political persuasion stopped trying to duck shove their traditional role and or Management responsibilities? Instead of trying to privatise almost everything.
Mr. O'Farrell, if you're not up to the job, don't reapply for it!
I can see no actual example, where privatisation has actually produced cheaper power?
In fact, those few remaining public suppliers in the US, seem to be around or up to 400% cheaper than the privatised examples?
Don't talk to me about natural cost! Natural cost doesn't include doubled debt, and or, the endless demands for basically unearned income, to pay off the very debt instruments created to buy these cash cows from us. I mean, we the people have paid for these things once already!
So, not only do we lose the asset, but then are burdened with repaying all the capital outlays required for the change of ownership.
Which is then followed by repatriated profits/price gouging and gold plating; and hitherto unknown, massive tax avoidance.
So, we the former owners, stand to just lose/lose/lose.
As others have noted, we couldn't replicate this proposal in China!
Hey, that's maybe because their leaders are a lot brighter and vastly more competent, than our core responsibility avoiders?
Rhrosty.

i hate seeing both sides
china needs info..needs to find employment opportunities for billions
it needs to update and access the best info..best assets..to assure international cashflow

belly is right re infrastructure bonds
in fact our super should be bonded...bound for infrastructure alone

currently little known..
is your employer..sold his shop..to himself

now pays rent into a cheap tax state..
then claims rent as business expense..[lol]..paid to himself..lol..with a nice tax free slush fund in say netherlands..giving em great tax free income..paid with your super

the ripoff all-round is huge
many now get deductable tax rates..
when before they would be too rich to get any govt cash
but thanks be to the 60%..of our pol-lies..

[who are /were lawyers]..the rich get richer..and the poor mugs get evermore tax on everything..then in the end their super is inflated into nuthingness..

so what who owns what..
you certainly dont..own...*NOR CONTROL it now
or else why would you get slugged..with exon/like pricing on your energy

your govts gave up years ago
they arnt there for you..only to tax you to death

once ghandi complained re a tax on salt
americans complained about a tax on tea

now we only complain..when the tax falls on thee
yet laugh when it falls on me..your time will come
first the natzies went after the old sick feeble and infirm..

in time they will come for you
be it yanks/japs/chinks/nips..or chinese..

karma comes suddenly..
but surely..hate breeds hate
love other before its too late..you shall*..'get'..as you gave*

be nice..while you can*

This is a useful discussion, though some posts seem to have been written with glass in hand.

It's worth remembering the privatisation of Sydney airport.

It was sold off and thus helped the Howard government balance its books.

What are we left with?
One airport which pretends to serve Sydney's needs ...and manifestly inadequate.
Clogged roads around the airport..it's taking 35 to 45 minutes to reach it from suburbs close by
Rising noise levels and threats of those increasing to make many of the Eastern suburbs ghastly air noise corridors.
A long walk from the entry point to the plane past endless shops

In short, a public asset was privatised and has become a cash cow for Macq Bank. The public can go to hell, as usual.

Private enterprise means privatise the profits, share the losses.

Keep power stations in Australian hands ,

i of course.. meant ..ENRON*..pricing
but if you think it's..china you must fear

try watching these vidio's...how goes the saying..keep thy friend close but keep thy foes closer...

realize/ your living others dream$..your *needs
nightmare$/fears worries concern$..ill-health.. [sickness]..are their cashflow

http://www.youtube.com/watch?v=j615aokEA_Y

dont miss
http://www.youtube.com/watch?v=-iswT3PfMec