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Report: Privatizing entire Sydney, Australia bus network a $500 million game changer

from The Sydney Morning Herald

Placing Sydney's entire bus network in the hands of private operators could result in almost $500 million in savings over five years, a report commissioned by a transport lobby group estimates. A renewed push from the Tourism and Transport Forum for private firms to expand their reach comes weeks after the acting Auditor-General found the privatization of Sydney's ferries was justified, pointing to about $100 million in savings since 2012. more

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