Treasurer Scott Morrison is coming under increasing pressure to review laws that have allowed the states to flog-off vital infrastructure assets to foreigners.
Amid controversy over the deal to offload the Port of Darwin to Chinese interests, along with the State Grid Corporation of China’s interest in purchasing the $8 billion Transgrid poles and wires from the New South Wales Government, Morrison has proposed reforms to the process for selling state government-owned assets. From The ABC:
“There are some consultations talking place at the moment with states and territories in relation to those matters,” he said.
“There are constitutional issues around the sovereignty around particular critical infrastructure assets which are held by states and territories, so it’s not something the Commonwealth Government can simply move on unilaterally.” For the full article click here
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