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The South Australian Government has joined New South Wales and Victoria in privatising its land registry in a bid to raise a quick $1.605 billion. From The AFR:
A consortium comprising Macquarie Infrastructure and Real Assets and one of Canada’s largest public sector pension funds has paid $1605 million for the rights to manage South Australia’s lands titles registry and services unit in a 40-year privatisation…
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.