Andrew Barr’s office has pushed out the news that the ACTTAB privatisation will be overseen by consultancy juggernaut PricewaterhouseCoopers (PwC):
The study will identify the full range of future ownership options and the issues associated with each. The various options range from retaining full government ownership and possible improvements to existing operational/governance arrangements, or the partial or full transfer of ownership to the private sector.
The study will enable the Government to properly consider the issues involved with each option. It would be premature to make specific commitments before the analysis has been done.
In order to provide certainty to the ACTTAB Board, management and staff, it is intended to complete the study as quickly as possible, with the findings expected to be considered by the Government in May. Input from the Board, management and staff will be important during the feasibility study.
As part of this process PwC will be looking to meet with a range of interested parties including representatives of the local racing industry, the United Services Union, and the ACT Gambling and Racing Commission.