In a curious move for a Liberal, Brendan Smyth is fretting that Territory-Owned Corporations (to hereafter be known as TOCs because I like the sound of the word) might get sold off by the ACT Government to fund their stimulus spending.
There’s certainly an issue with trying to sell anything in the current market.
One should also never discount the possibility that the Liberals are just concerned there won’t be anything left to sell when (if?) they finally claw their way back into power.
Brendan certainly has a keen eye on what’s available for sale, having compiled a handy list for our consideration:
- ACTEW Corporation, ACTION, ACTTAB Limited, Exhibition Park Corporation and TransACT Communications
So, assuming a buyer can be found at a decent price, what would you flog first to shore up the bottom line?