The public-private failure

PHILL PARSONS

First the cost of selling a priceless Conservation Area and its asssociated tidal flats.
Once developed and the land sold the whole becomes like any private property, it has to be governed. As part of that any external threat will need to be dealt with at the communities’ cost.

Algal blooms, sea level rise, storm damage. There is no way they can be costed into the price when the same factors will be drawing on the public purse for funding to prevent or restore.

Secondly, the other failures mentioned in #1.

Are the RBF members seeing a $16M return earch year on their $350M tied up in the airport. That is the low risk return at the bank.

The railway was given away cheap because nobody wanted to run an unprofitable business. That unprofitable business has run ever since and been sold several times. And at the end Asciano is walking away with a golden handshake.

Each time the Tasmanian government enters into an arrangment with the private sector the public appear to be dudded.

The sale of the MTT depot downtown, the Brighton army camp, every tree, railways, buses, ferries, gaming rights, hospitals and so on.

And each time the cost of services from government increase in price and we are told how unaffordable the health system is.

Special deals for special mates is a Tasmanain speciality because nobody complains.

Having had it forever the population expects failure on the part of government. Read more, Comment here