NATIONAL AFFAIRS: Will Snowy Hydro sale create Australia’s Enron?*

Shortly after this issue of News Weekly was printed the sale of Snowy Hydro was cancelled by the Federal, NSW and Victorian governments.The privatisation of Snowy Hydro could create another Enron-style California electricity crisis and further undermine the reliability of timed irrigation water releases down the Murray and Murrumbidgee River system. Both concerns are a threat to Australia’s national interests, writes Patrick J. Byrne. At stake – in the current proposed sell-off of Australia’s gr…

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