Fremantle Ports is being considered for sale.

$5bn asset sale program launched

The state government is aiming to collect up to $5 billion from a vastly expanded privatisation program that includes Fremantle Ports, the TAB, office buildings, residential land estates, Keystart loans, houses, plantations and power stations.


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This is all good stuff really. Private enterprise will always be able to operate these facilities far better than government. If they are monopolies, the price should be very high indeed. Meantime Colin gets enough booty back to pay for his legacies which may actually be a good thing. Infrastructure like Elizabeth Quay is not likely to ever be done by privateers.

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Total revenue

3rd-Water Corporation$2.61bn
5th-Western Power$1.72bn
6th-Western Australian Treasury Corporation$1.57bn
29 state government businesses ranked by total revenue - this year

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