Tuesday, June 12, 2012

Reported back

The Finance and Expenditure Committee has reported back [PDF] on the Mixed Ownership Model Bill. Despite overwhelming opposition from the public - 1,439 out of 1,448 submissions were opposed - the government majority on the committee has recommended that it be passed with only technical amendments. One of these enables the government to restore SOE status and protections by Order-in-Council. I expect issuing such an order over any surviving assets will be top of the agenda for the next government.

The select committee report includes extensive minority reports from the Greens and Labour critiquing both the bill and the select committee process. They're both worth reading. And if you agree with them and oppose asset sales, you can protest about it on Thursday when the bill comes back before the House.