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Only Labor will keep Tasmania’s energy assets in Tasmanian hands

  • Only a majority Labor Government will keep Tasmanian energy assets in Tasmanian hands
  • Ensure that Government businesses are genuinely working for all Tasmanians
  • Peter Gutwein simply can’t be trusted with Tasmania’s energy assets

Tasmanian Labor has a clear position on privatisation of public assets, institutions and services.

Shadow Treasurer David O’Byrne said Labor is committed to keeping public assets in public hands, preventing privatisation by stealth and the hollowing out of Government Businesses.

“Wherever possible, services should be provided by the State, for the state, and our assets and institutions should remain in State ownership,” Mr O’Byrne said.

“Where assets are already Government Businesses Labor wants to ensure that they are genuinely working for all Tasmanians.

“In recent years the Tasmanian public have had good reason to be sceptical about the GBE sector.

“Some sections of the GBE sector seem to be more interested in corporate self-promotion and bureaucratic expansion than in maintaining and enhancing quality services at the lowest possible price.

“Labor will conduct a comprehensive review of Government Businesses to ease cost of living of living pressures on Tasmanian families, reduce costs to Tasmanian businesses and create more local jobs and economic activity.”

Mr O’Byrne said that within the first 100 days of Government Labor would also introduce legislation to close current loopholes and prevent the sale of any energy assets without the approval of both House of Parliament.

“The loopholes in the current legislation are so large you could drive a truck through them.

“Currently the legislation allows for the sale of any asset that is not classified as a “main undertaking” without needing the approval of Parliament. 

“It is the shareholder ministers and the GBEs themselves that determine the definition of a ‘main undertaking’ so the current protections are not worth the paper they are written on.

“We know that as recently as March this year as Treasurer and shareholding Minister of Hydro, Peter Gutwein put Momentum on the market.

“Only Labor will stop the sale of important energy assets and we will legislate to ensure the Liberals keep their hands off the Hydro for good.”

David O’Byrne MP
Shadow Treasurer