Past privatisation agreements to be publicly released


Treasurer Daniel Mookhey has delivered on a key promise for transparency in NSW by starting the process for releasing privatisation agreements signed by the previous government.

Mr Mookhey is writing to ports and energy companies notifying them he expects to make information about their agreements available to the public.

Where required, he has requested the consent of the relevant authorities to release the documents.

This includes the commitment deeds for Port Botany, Port Kembla and the Port of Newcastle.

The key agreements relate to the privatisation and long-term leases of:

  • Port Botany, Port Kembla and Port of Newcastle
  • Ausgrid, Transgrid and Endeavour electricity networks
  • Liddell, Bayswater, Colongra, Eraring, Shoalhaven, Mt Piper, and Vales Point power stations.

Subject to consent where required, the documents will be tabled in parliament.

Treasurer Daniel Mookhey said:

“The people of NSW deserve to know exactly what is in the agreements made when public assets were privatised.

“This will provide an opportunity for NSW citizens, for the first time, to be able to access important documents that set out what the state’s existing assets, rights and liabilities are from past privatisations.

“People should not have to wait until next century to learn what has been agreed to. The previous government should have revealed these details earlier.”

/Public Release. View in full here.