Morrison has Thursday informed the bidders for the lease of 50.4 per cent of Ausgrid that the current bids are contrary to the national interest.
Morrison says national security issues with NSW electricity sale relate to provision of power, comms to biz and govt pic.twitter.com/BdoS7nnplv— Katina Curtis (@katinacurtis) August 11, 2016
"We have worked very hard and collaboratively to identify possible mitigations," Morrison told reporters in Brisbane.
"And we have been unable to identify mitigations which we would believe would be suitable."
Baird accused Labor of running "the mother of all scare campaigns" on Chinese bid for NSW power networks.Seems it worked on ScoMo #nswpol— Sarah Gerathy (@sarahgerathy) August 11, 2016
This is a preliminary decision. Morrison has now invited the bidders to make submissions by August 18 in order to make a final decision.