Electricity sell-off excites business chamber

A BORDER business group has welcomed the NSW government’s planned electricity infrastructure sell-off as a win for the state.

Premier Mike Baird will take the policy — to sell 49 per cent of electricity poles and wires — to next year’s state election, due in March.

Murray-Riverina NSW Business Chamber Regional manager Ben Foley said the organisation had long supported recycling government assets to provided much-needed funds for infrastructure.

The Nationals have agreed to support the sale though on the condition regional provider Essential Energy be excluded.

Mr Foley said a great deal of the money raised by the sale would be spent in regional areas such as the Murray and Riverina.

“That can only be good news for the community and our economy,” he said.

“Not only will this money be able to be spent on much-needed projects, but these projects are job creators and that’s what our region has been crying out for.

“New jobs bring families into the region and provide opportunities for our youth, which has the flow on impact across the business community, especially small businesses in towns across the region.”