With all the elements of a political thriller, this episode investigates the intrigue, derangement, and plain stupidity, of the origins and workings of the Transport Assets Holding Entity (TAHE). Our legal reporter Mike Holland outlines the peculiar status of TAHE – a shell company set up to hold the $40 billion costs of running public transport in New South Wales in order to keep the costs of running the roads, trains, buses, and transport infrastructure out of the New South Wales budget, and maintain the states Triple-A credit rating. As Mike also reports, the governments' plan to commercialise the entire transport system has landed it in deep trouble - from the Australian Bureau of Statistics, the previous Auditor General of New South Wales, other governmental agencies and political commentators, who have described the scheme as "financial trickery" and a mammoth waste of taxpayers money.
This episode was first broadcast on Radio Blue Mountains 89.1FM on 27/8/2021. Rights, Rorts and Rants is broadcast from 4pm to 6pm on 89.1FM or can be live streamed from rbm.org.au. If you'd like to add to the discussion, you can leave an audio comment about our show, which may be added to one of our podcasts..Apply to be a guest on our show. Join BMUC.
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