EXCESSIVE PRIVATISATION: OVER 20,000 GOVERNMENT PROPERTIES SOLD OFF BY THE LIBERAL-NATIONALS

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The privatisation-mad NSW Liberal National Government has now sold a sickening 20,000 properties since it came to office.

Selling, on average, eight properties a day –every day for the past six and a half years.

A shocking record that has resulted in the privatisation of $7.5 billion of public assets, according to the government’s own figures.

 

Whether it is social housing, office blocks, land next to schools or train stations, light industrial lots or historic sandstone buildings, every arm of government is hurriedly selling land.

The Berejiklian-Barilaro government has surpassed even its own avaricious targets by a substantial margin cashing in on the real estate boom.

 

It forms part of the over $50 billion worth of public assets that the Liberal-Nationals have privatised. A list that also includes the Land Titles Registry, electricity assets, ports and much more.

The NSW Labor Opposition will use the Budget Estimates hearings on Monday morning to grill Finance Minister Victor Dominello on the figures. There has already been a clear public reaction to the Government’s obsessive privatisation agenda.

 

The State Government’s short-sighted sell off strategy has been at the expense of long term, continuous and sustainable revenue sources that fund our schools, hospitals and roads.

 

Quotes attributable to Shadow Treasurer Ryan Park

 

“This Government has quite literally sold the ground from beneath our feet. They are privatisation mad and they will stop at nothing before every corner of this state has been sold off to the highest bidder.

 

“Their default is to sell first and ask questions later which is exactly what we have seen with education where they are selling land next to schools that are busting at the seams.

 

“While Premier Berjiklian and Treasurer Dom Perrottet will be doing cartwheels at this result taxpayers are sick of their government’s privatisation agenda.

 

“The NSW Government has gone too far with its excessive privatisation agenda – $50 billion worth of public assets privatised.”

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