The perth mint has delivered 200 million in profit to the wa government in the last ten years.Net assets of 175m. Of which ppe is 100m and another 30m of other non current assets.
The rest just passes through. Its a classic outside mid (handball receives and handballs out).
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Its not the 1800s and gold rush times and an intergral part of the economic chain.
Flog it off and take $150m.
Source: The Perth Mint | record profit 2019-2020.
Theres a kids story book about a goose that lays golden eggs. I’m convinced you privatise everything folk never got that book read to you as a kid.
$150 million is chump change - that’s selling an asset that delivers a 13% return at that price that means we need less of a tax base to provide services.