The NSW government owns about 277,400 properties. Their combined commercial worth, according to finance minister Dominic Perrottet is $60 billion.
Most of the property is commercial, built up over many decades by successive Labor and Coalition governments, and financed by NSW taxpayers, on behalf of whom the present NSW government holds them in trust.
But the Mike Baird government doesn’t get this “holding in trust” thing. They believe the assets are theirs to sell; and this is precisely what Perrottet intends to do.
Mike Baird
NSW Liberal Premier Mike Baird is likely to be called before the parliamentary inquiry into the state government's proposed privatisation of the "poles and wires" of the state's electricity industry in May.
Baird will be questioned over allegations of government tampering with an expert report on the planned leasing of the power industry before the recent March state election.
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