And the same is happening in Queensland with teh unioins mounting a campaign to block the sale of State Assets.
There are no sacred cows as far as I am concerned. If a governemnt can get a better return on a new investment by selling an existing one then they should do it. Selling Power stations to pay for new public transport infrastructure (or police, hospitals and schools for that matter) is great idea.
The only reason workers want assets to stay in public ownership is because they fear for their jobs in an environment where they have to justify their existence. That is not good economics. Remember, there is no greater fury than a vested interest masquerading as a moral principle!
Hear here!