Thursday, April 30, 2009

PowerWater past its use-by date

Dear Editor,

The hopeless Martin/Henderson Government, having pretty much completed its work of turning the NT into a clone of the failed state of NSW, now plans to throw more taxpayer’s money at the terminally ill “PowerWater”. And to find these funds for the extra treatment this seriously diseased “patient” requires they will be increasing power charges by 23 per cent.

If ever there was an argument for the NT Government getting out of the electricity generation business – this latest outrage is it. The assets of “PowerWater” are of considerable value and therefore could easily be packaged together for sale as a going concern to a number of possible buyers from power-generation industry.

The sale of “PowerWater” would of course provide this poorly managed, wasteful government with much needed cash, but would of course also wipe out the need for any more injections of taxpayer’s funds into this hugely bureaucratic, poorly-run utility.

Even if power prices rose slightly under a new privately-owned electricity company, the taxpayer’s liability – present and future would be zero.

A wise and prudent government would immediately call for world-wide expressions of interest for the purchase of “PowerWater” and the provision of cheap and reliable electricity to Territorians.

Is the current Henderson Government “wise and prudent” or as I said, just a clone of the failed NSW Government?


Dave Wane

Woodleigh Gardens

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