A plan to push ahead with a partial NSW electricity sell-off without a vote in Parliament has received the backing of business groups.
NSW Premier Morris Iemma announced his new plan after facing an embarrassing defeat in Parliament yesterday, after recalling MPs three weeks early.
David Elliott, from the Civil Contractors Federation, says the changes should help spur private investment in the state and drive-up economic security.
“There was always a need for some sort of commercial attitude towards electricity privatisation, particularly as we’re the only state where it’s a state-run asset," he told LIVENEWS.com.au.
“So I think that this is probably a step in the right direction, the Premier has a strong case to put forward.”