Brisbane port, QR in asset sale
QUEENSLAND plans to sell off the Port of Brisbane Corporation, Abbot Point Coal Terminal and Queensland Rail’s above and below rail coal business, premier Anna Bligh said last week.
Though Ms Bligh had flagged major divestments in the up-coming State Budget after the state lost its AAA credit rating, the scale of the proposed $16bn sell-off over five years was still surprising.
Market sentiment for Asciano and Babcock &...
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