Perfect timing for the WTE acquisition if it goes ahead.
Government had warning of recycling crisis six years ago
"The Victorian government failed to heed warnings as early as 2013 that China would stop taking recycling waste and did not take action to stop the system plunging into crisis.
Dangerous stockpiles of recycling waste are now sitting in the state and are set to grow, a damning report by Victoria's Auditor-General says.
Despite the government amassing a $511 million fund dedicated to improving waste management, Auditor-General Andrew Greaves says recyclable waste is still being sent to landfill..."
Perfect timing for the WTE acquisition if it goes ahead....
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