Behind the scathing NSW Auditor-General’s report on the treatment of the state’s $20 billion heavy rail assets is an important reform to provide better returns for taxpayers from government balance sheets.
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The NSW Auditor-General did not miss when she called out NSW Treasury’s response to her annual audit of the state accounts.
Focusing on the controversial Transport Asset Holding Entity, the owner of the state’s $20 billion worth of heavy rail assets, Margaret Crawford bluntly reported that Treasury had “withheld” key documents not advantageous to its claim that TAHE was a for-profit organisation.
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Original URL: https://www.afr.com/companies/transport/why-the-auditor-general-roasted-nsw-treasury-over-rail-assets-20220210-p59vdj
