Sunday 29 March 2015

Prediction: NSW upper house to pass electricity privatisation, 2nd Harbour Crossing is going ahead

The Baird Liberal government has been re-elected in NSW.

Importantly, it has secured 9.5 quotas in the upper house (as of 55% of votes counted).  Due to NSW's optional preferential voting system (that usually results in about 9% of the vote exhausting all preferences and expiring as a result), a quota of 9.5 will be sufficient to re-elect 10 seats (a gain of two seats) in the half of the upper house that faced re-election this year.

This means the make up of the upper house (42 seats in total) is likely to be:

LNP: 21
Labour: 12
Greens: 5
Shooters: 2
Christian Democrat: 2

As one LNP seat is taken up by the speaker, the LNP will need an extra vote to pass legislation.  This means with the support of Fred Nile (Christian Democrat Party), the LNP will be able to lease 49% of the electricity network, and raise the funds to pay for the following projects:

* Second harbour crossing and conversion of Bankstown line
* Parramatta light rail
* Various road, school, hospital, and cultural projects

The other legislation that may pass this time around is the planning reform bill, but I'm not aware what position the Christian Democrat Party has taken up on this issue.

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