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State appoints advisers for asset sales

The state government has split the advisory roles for the first tranche of its asset sales program as it starts a sell down process that it hopes will relieve its difficult budget position.

Premier Colin Barnett and Treasurer Mike Nahan announced a joint venture of Rothschild and Deloitte would advise on the Kwinana Bulk Terminal and Utah Point Bulk Handling Facility port asset sales, while and a team from the Perth office of Ernst & Young, which provided the original advice to the state on the asset sale process, is to "support" the sale process for the Perth Market Authority.

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