Ann: Southern Cooper Basin Operations Update, page-67

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    ever since the 80's Governments have tended to take the attitude that if there is money to be made then private enterprise will be attracted and solve the problem - "let the market deal with it". They try wherever possible to avoid long term infrastructure projects which bring little if any voter credit.

    Govt prefer to legislate, regulate and re-distribute (tax) hence the sale of Telecom, CBA, Qantas etc.

    Going by todays business headlines it's going to be the big superfunds that will spend on infrastructure going forward!

    HC
 
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