The NSW Government adjourned the electricity privatisation debate and vote in the Upper House of Parliament yesterday.
The matter of adjournment was put to the vote and the plan was for the bill to come before parliament again on 23 September 2008.
According to the Fairfax media; "During the Opposition's address, Mr Costa said: ''this is a joke'' and left the house. Members of the public gallery applauded as he left."
ABC News also reported; "New South Wales Treasurer Michael Costa says he is thinking about quitting politics as his electricity privatisation plans head for certain defeat in State Parliament today."
NSW unions thought that privatisation was now off the agenda and potential buyers were snakey; "The New South Wales business community is "dismayed" by the collapse of the Iemma Government's electricity privatisation plan, the Australian Industry Group (Ai Group) says."
Bring it on Iemma was full of bluster before the bill debate began, but the best he could do in the immediate aftermath was issue a media release about a mini-budget (due to the 'loss' of the supposed $15 billion coming from sale of assets) before skittering into the bunker.
What is an indisputable fact is that Iemma and Costa recalled parliament from recess with no hope of having the numbers and cost the state's bottom line around $500,000 it could ill afford.
He did this because yesterday was a piece of theatre only - designed to allow King Louis Iemma to bypass parliament and go ahead with Marie Antoinette Costa's sell off.
The matter of adjournment was put to the vote and the plan was for the bill to come before parliament again on 23 September 2008.
According to the Fairfax media; "During the Opposition's address, Mr Costa said: ''this is a joke'' and left the house. Members of the public gallery applauded as he left."
ABC News also reported; "New South Wales Treasurer Michael Costa says he is thinking about quitting politics as his electricity privatisation plans head for certain defeat in State Parliament today."
NSW unions thought that privatisation was now off the agenda and potential buyers were snakey; "The New South Wales business community is "dismayed" by the collapse of the Iemma Government's electricity privatisation plan, the Australian Industry Group (Ai Group) says."
Bring it on Iemma was full of bluster before the bill debate began, but the best he could do in the immediate aftermath was issue a media release about a mini-budget (due to the 'loss' of the supposed $15 billion coming from sale of assets) before skittering into the bunker.
What is an indisputable fact is that Iemma and Costa recalled parliament from recess with no hope of having the numbers and cost the state's bottom line around $500,000 it could ill afford.
He did this because yesterday was a piece of theatre only - designed to allow King Louis Iemma to bypass parliament and go ahead with Marie Antoinette Costa's sell off.
With New South Wales Government now residing in Versailles, I wonder where they will build Petit Trianon?
Maud up the street doesn't care much where they plonk the fancy real estate. She has her knitting needles out and is busying practising her Thérèse Defarge lines.
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