NSW Ferries For Sale ! The Game Begins !

The Great Privatisation Game begins.
From Federal to State owned companies.
Sell the public assets, to pay off debt.

While Goverment sit on cash,
Public services are run by private for profit companies
Which may be foreign entities & more likey than not.

So funds flow from Equities to Public Infrastructure Investments,
Packaged it up and auction it off via IPO,
Cash out and return the assets to the people via shares in the publicly
Listed company.

And repeat the process.

So for the Sydneysiders who vote for the politicians accordingly as to how
they deem the State should be run and maybe even how the Ferry should be run.
Will in the future, not for the politicians but the CEO of the NSW Ferry Inc
If they have enough financial clout and muscle,
If not just shut up and enjoy the ride.
for the Assets like NSW Ferry will be owned by Funds A to Z.
which the cross borders stock exchange will entice capital globally.

We will soon be like money.
Borderless.

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http://online.wsj.com/article/SB10001424052702303745304576358520730432288.html

New South Wales is keen to reduce its infrastructure commitments as it grapples with more than 12.2 billion Australian dollars (US$13.03 billion) in net debt. The state recently appointed Nick Greiner, a former premier, as its infrastructure chief with a view toward attracting more private money and investment from sovereign-wealth funds.