Selling ports and other assets: why anti-competitive deals to boost prices cost the public in the end
- Written by The Conversation
Cash-strapped state governments are looking to sell assets, such as ports, to raise funds. In 2014, the New South Wales government sold the Port of Newcastle for A$1.75 billion. The Victorian government is setting up the Port of Melbourne for sale. And the Western Australian government is considering the sale of Fremantle Port.
These asset sales...