O’Farrell denies power sale plan

Updated September 16, 2011 08:51:59


Premier Barry O’Farrell insists the NSW Government’s plans have not changed, and he will wait for an inquiry before deciding on the future of the state’s electricity assets.

New South Wales Premier Barry O’Farrell has been forced to deny plans to sell off electricity assets, after comments from former Liberal premier Nick Greiner.

Mr Greiner, who now heads Infrastructure NSW, told a business gathering last night asset sales are unavoidable if the State Government wants to build infrastructure.

He hinted that power assets should be in the Government’s sights.

“The Government’s got an electricity inquiry going and it’s said it will wait for the outcome. I think it’s fair to say that Infrastructure NSW and I personally have made submissions to that,” Mr Greiner said.

“I think almost everyone in the room can guess what our views are, because they’re the only sensible views.”

Opposition Leader John Robertson has leapt on the comments.

“Barry O’Farrell has always wanted to sell off electricity in NSW. Now we see Nick Greiner softening up the ground so this is likely to occur,” Mr Robertson said.

“Electricity privatisation will lead to increased power bills, making it harder for families that are already struggling to meet the cost of electricity and other utilities at home.

“Barry O’Farrell told people before the election he had no plans to privatise electricity. That has obviously been now exposed by Nick Greiner, and Barry O’Farrell today should rule it out.”

Mr Robertson has been a key figure himself in Labor’s internal wrangling over the sale of electricity assets.

Mr O’Farrell says the Government’s plans have not changed.

“Ultimately we’ll do what we said we’d do before the election, what we set up after the election, which is an independent inquiry,” Mr O’Farrell said.

“Not just into the sale of the state’s electricity assets by the Labor Party but to get advice on what is the best course forward for the state’s electricity assets that will keep power prices low.”

Tags:

states-and-territories,
privatisation-and-deregulation,
electricity-energy-and-utilities,
nsw

First posted September 16, 2011 08:39:46

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