‘We are all going to be left with no homes’: Government to prepare for the devastating tsunami

‘We are all going to be left with no homes’: Government to prepare for the devastating tsunami

August 25, 2021 Comments Off on ‘We are all going to be left with no homes’: Government to prepare for the devastating tsunami By admin

A new government document has confirmed that almost 70% of Australian homes will be underwater by the end of the year, and the Government is preparing to sell off all the remaining homes.

“In a short time, we are going to see almost 70 per cent of our homes under water,” Treasurer Scott Morrison told a media briefing on Tuesday.

“The Government is in a position to sell homes for the first time in many decades.”

The Government has already begun to sell land and buildings on behalf of private buyers to build temporary housing and flood defences, with more to come.

It is also planning to sell some of the nation’s biggest assets, including a vast state-owned timber and mining empire.

Mr Morrison said the Government was prepared to sell more than 80% of the state’s state-controlled electricity assets, with a separate sale of more than 40% of its rail and aviation assets.

The Government’s plan to sell up to 40% was first revealed by Fairfax Media last week.

The government is also prepared to auction off all of its state-run infrastructure assets, which include road networks, water and electricity networks, airports, water storage and a new rail network.

“We are going back to the drawing board,” Mr Morrison told reporters on Tuesday morning.

“This is about our future.”

The Coalition’s plan is to sell the State Government’s rail network and all of the State’s water and sewerage assets, along with a vast array of state-managed businesses, including the oil and gas industry.

Mr Morison said the State had a “huge and massive” debt, with some of its assets valued at more than $20 billion.

Mr Turnbull said the sale of state assets was part of the Government’s “policies and programmes” to protect Australia from the impacts of climate change.

The sale of the rail network would be the largest in Australian history, with almost 3,000 kilometres of track and 565 kilometres of tracks.

The Coalition has previously stated that it would sell off the NSW rail network, which runs along the Darling Harbour and surrounds metropolitan Sydney, in order to help address its deficit.

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