Brookfield Asset Management

Farmers are worried that the proposed privatisation of Fremantle Port will lead to a dramatic rise in their freight rates. The 800% rise in rents charged to stevedores by the newly privatised Port of Melbourne would be ringing some alarm bells. Closer to home are the disastrous consequences of the privatisation of Western Australia’s freight rail network via a secret 49-year lease signed in 2000 when Premier Colin Barnett was Minister for Transport.