Only Mark McGowan and WA Labor will keep Western Power in public hands

Tuesday 07 Mar 2017
  • Only a McGowan Labor Government will stop the privatisation of Western Power
  • If Western Power is sold, Western Australians can expect even higher electricity bills
  • WA can't afford to lose the revenue a publicly-owned Western Power generates for the State

A McGowan Labor Government will stop Colin Barnett's privatisation of Western Power.

At the beginning of the final week of the State election campaign, Mr McGowan said Western Australians could not afford to see their power bills go up even further.

In 2015-16, Western Power provided more than $550million in payments to the State Government. If Western Power is sold, this ongoing revenue will be lost forever.

If Western Power is sold service standards will go down and the profitable State asset will end up in foreign ownership.

WA Labor has a comprehensive plan to pay for its promises. Fixing the State Budget requires responsible, careful financial management, selling a publicly-owned, monopoly asset is not the answer.

Comments from WA Labor Leader Mark McGowan:

"A McGowan Labor Government will stop the privatisation of Western Power. That's an iron-clad guarantee.

"Everyone knows that when you privatise State-owned utilities, power prices go up, and services go down. We've seen it time and time again. It's not in the best interests of everyday Western Australians.

"A privately-owned Western Power will always put profits ahead of Western Australians.

"Once Western Power is sold, it's gone forever and WA taxpayers will lose the ongoing revenue provided to the State. I won't let that happen.

"WA needs a fresh approach - if elected Premier, I will keep Western Power in public hands, where it belongs."

PLAN TO PAY FOR OUR PROMISES

WA Labor has outlined a comprehensive plan to pay for its promises and help put the State Budget back on a sustainable footing, including:

Keep Western Power in public hands, delivering ongoing revenue to the State.

Cutting government advertising by $20million each year.

Cutting Senior Executive Service positions, WA's highest paid bureaucrats, by 20 per cent.

Stopping the excessive use of expensive and unnecessary external consultants and contractors.

Reducing the number of government agencies by 20 per cent through the Service Priority Review, delivering hundreds of millions of dollars in savings each year.

Introduce the Foreign Buyers Surcharge, for purchases of residential property in Western Australia by foreigners, delivering ongoing revenue to the State.

Free up $1.7billion in funding by not proceeding with the flawed Perth Freight Link project.

New government land sales.

 

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