Labors Tunnel Firesale We Pay For
THE NSW opposition says the government must explain to taxpayers what will happen to Sydney's Cross City Tunnel if no private buyer is found for the cash-strapped project.
Roads Minister Eric Roozendaal has ruled out the idea of the government purchasing the tollway. But if no private buyer is found and the tunnel sinks into further trouble, under the contract, the Roads and Transport Authority has the power to step in and keep the road open.
What the minister has not metioned is that the MacQuarrie Bank (ex Labor party premier Bob Carr's employer) can see a fire sale at the end of this tunnel which you and I will be financing to allow these leaches to bleed the public like the Sydney Airport they run.
Opposition roads spokesman Andrew Stoner says the government has to come clean on what will happen if no private buyer is found for the tunnel.
He has echoed comments by former NSW auditor-general Tony Harris, who said the tunnel's failure had put the private sector on notice about the dangers of entering into any contract with the NSW government.
Mr Stoner says NSW now has a dreadful reputation among the private sector in relation to private-public partnerships because of the Cross City Tunnel fiasco.
Roads Minister Eric Roozendaal has ruled out the idea of the government purchasing the tollway. But if no private buyer is found and the tunnel sinks into further trouble, under the contract, the Roads and Transport Authority has the power to step in and keep the road open.
What the minister has not metioned is that the MacQuarrie Bank (ex Labor party premier Bob Carr's employer) can see a fire sale at the end of this tunnel which you and I will be financing to allow these leaches to bleed the public like the Sydney Airport they run.
Opposition roads spokesman Andrew Stoner says the government has to come clean on what will happen if no private buyer is found for the tunnel.
He has echoed comments by former NSW auditor-general Tony Harris, who said the tunnel's failure had put the private sector on notice about the dangers of entering into any contract with the NSW government.
Mr Stoner says NSW now has a dreadful reputation among the private sector in relation to private-public partnerships because of the Cross City Tunnel fiasco.
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