Friday, 16 November 2018
Investec Australia Limited and PricewaterhouseCoopers were appointed following a competitive tender process, and their advice will help inform the Government’s decision on whether or not to pursue a commercialisation process.
“Let’s be clear – this whole costly exercise is entirely due to Labor’s gross deception and deceit,’’ said Treasurer Lucas.
“While we make no criticism of LSSA in relation to this deal, it requires the new Marshall Government to undertake a scoping study for the potential privatisation of the Motor Vehicle Registry.
“Therefore, the total repayment in 2020 under this secret deal if the State Government doesn’t proceed with the privatisation could be up to $104 million.”
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