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Licences to become free in Victoria under new VicRoads deal

Summary by Ground News
VicRoads will be partly privatised for a period in a bid to generate $7.9 billion for the state. A consortium of Aware Super, Australian Retirement Trust and Macquarie Asset Management will run licensing and registration for the next 40 years. The state government will continue to manage data, privacy provisions and essential fee prices, and will regain control of all operations after the partnership ends.

Bias Distribution

  • 67% of the sources lean Left
67% Left
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Gold Coast Bulletin broke the news in Southport, Australia on Friday, July 1, 2022.
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