Thursday, February 16, 2006

Privatising the Snowy Hydro Scheme

The Age editorial at least rasies some concerns.
Should we believe that anything will happen? $2.5 billion dollar privatisation float and it took 10 weeks to push through? ye gods, this is robber-baron capitalism at its best. If you're near Kosciosko national park in the next week or two, grab a photo of the river, it's likely to be gone, silted or diverted in the near future: i'm sure the dividends will be an adequate replacement.

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