Around 49 percent of the electricity businesses in New South Wales are stet to be sold off in New South Wales following government approval of a plan to privatise part of the state’s network and bring down surging power costs, but the transaction would be subject to voter approval at the next election.

‘Around 49 percent of the electricity businesses in New South Wales are set to be sold off following government approval of a plan to privatise part of the state’s network and bring down surging power costs, but the transatction will be subject to voter approval at the next election. The…