Wednesday, October 24, 2012

State Libs' assets sale ramped up - The Australian



THE NSW government is accelerating its asset sales campaign, identifying more redundant government buildings to sell -- on top of the $300 million worth of city and regional properties earmarked for disposal earlier this month.



"We are definitely looking for the next round (of asset sales), because we know there is a lot of excess property out there," NSW Finance Minister Greg Pearce told The Australian, yesterday. "We have taken the very strong view that assets should only be held if . . . they have a service delivery element to them."



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