Brokenshire fights for transparency

June 30, 2017

Australian Conservatives MP the Hon. Rob Brokenshire MLC is pushing for much-needed accountability amidst SA state government selloffs.

forest.jpgAccording to the the Bill introduced by Brokenshire, all privatisations worth more than $50 million will need to be voted on by State Parliament. 

According to The Advertiser: [it was] revealed last week that the company that bought South Australia’s forests five years ago for a price criticised as too cheap is making four times the profits generated under government management.

Forestry SA was sold to OneFortyOne Plantations in 2012 for “a very impressive offer” of $670 million, but the new owner has been making annual profits as high as $125.5 million.

 

To read more:
http://www.adelaidenow.com.au/business/bill-would-allow-mps-to-scrutinise-privatisations-worth-more-than-50m/news-story/129906836b35d91eb125f1b8ebd797cf

 

Become a Member

Join the fight to restore conservative principles to the forefront of Australian politics.

Click here to join our party.

Quick Donate

Chip in $5 and become an official supporter of our conservative movement!

donate

Subscribe

Join the fight to restore conservative principles to the forefront of Australian politics.