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Tasmania plans to sell state-owned entities to reduce a $10B debt, facing opposition concerns.
Tasmania's government plans to assess selling state-owned entities like the Motor Accidents Insurance Board, bus operator Metro, and Momentum Energy to help pay off a growing budget debt of nearly $10 billion by 2027/28.
Premier Jeremy Rockliff says Hydro Tasmania will not be sold, but a 99-year lease for power provider TasNetworks is being considered.
The move aims to strengthen the budget without raising taxes.
Opposition parties have voiced concerns about higher costs for utilities and public transport.
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Tasmania planea vender entidades de propiedad estatal para reducir una deuda de $10B, enfrentando preocupaciones de la oposición.