Published: December 11, 2018
Auditor general says government revealing price early in talks potentially cut electricity supplier’s value
The New South Wales government potentially limited the value of half of the state’s electricity assets by disclosing its price too early in privatisation negotiations, the state’s auditor general has found.
On Tuesday the NSW auditor general, Margaret Crawford, released a scathing assessment of the government’s $16bn privatisation of electricity supplier Ausgrid in 2016.
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