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Global Finance: expert explains Ausgrid contract

Ausgrid
Ausgrid Source: AAP

Federal Treasurer Scott Morrison has made a preliminary decision to block the sale of New South Wales electricity provider Ausgrid to Chinese and Hong Kong bidders, citing "national security concerns". Ivan has invited Kam Yuen, financial planner and director of CoWeath, to explain of some of the concerning conditions in order to give more insight of the debate. in an interview with Ivan, Kam Yuen will answer questions such as does 99 years fix term make it a buying or leasing contract? and does lowering the percentage of share holding of the contract reduces the risk of national security?


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By Ivan Leung

Source: SBS



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Federal Treasurer Scott Morrison has made a preliminary decision to block the sale of New South Wales electricity provider Ausgrid to Chinese and Hong Kong bidders, citing "national security concerns". Ivan has invited Kam Yuen, financial planner and director of CoWeath, to explain of some of the concerning conditions in order to give more insight of the debate. in an interview with Ivan, Kam Yuen will answer questions such as does 99 years fix term make it a buying or leasing contract? and does lowering the percentage of share holding of the contract reduces the risk of national security?



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