PORT OF MELBOURNE LONG-TERM LEASE MAY GO TO MARKET IF SALE BILL NOT PASSED
Thursday, December 10, 2015
The Port of Melbourne's long-term lease will be put to the market this afternoon if Victoria's Parliament does not pass a bill to trigger its sale, the State Government has said.
The bill is being held up in the Upper House and the Government has today put forward a series of amendments to try to pass it on the last parliamentary sitting day for the year.
But the amendments do not include any change to key sticking points, including a clause that compensates the port's owner if a competing container port is built.
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