The Privatisation of ACTEW: The fiscal, efficiency and service quality implications of the proposed sale of ACT Electricity and Water
This report evaluates the impact of the privatisation of ACTEW on the financial position of the ACT public sector. In so doing, it examines the structure of ACTEW and the impact of the competitive electricity market on ACTEW’s profitability. It also assesses the options for dealing with the government’s unfunded superannuation liability. It concludes that the present value of the forgone earnings of ACTEW exceed the mooted sale price, and that the ACT public would not be well served by the sale.