[thorn bird]

Well guys,
I'm somewhat doubtful the airports act will protect the secondaries.
The right "donations" to the right political parties, directorships to retiring politicians and bureaucrats, farms in NZ seems to work wonders.

Hoxton Park was a federal airport, gone like a fart in a thunderstorm, the act didn't save it.

Consider Moorabin. The airport lease was sold to a family trust, who got in trouble with a development and moved it, with the debt, to a public company registered in LIECHTENSTEIN.
If I read the Airports act correctly, a trust nor a foreign company can NOT own an airport lease.
Conveniently swept aside!
Where is the holder of the head lease for Sydney airport registered..hmm wouldn't be another world recognised tax haven would it? A Billion a year in turnover, not one cent of tax paid! Consistently voted one of the worst major airports in the world. Just how much has the owner invested in actual NEW infrastructure for aviation since it took the lease? For a major 1st world airport would it not be too much to ask for Low Vis approaches?? Na! if YOU or the Guvmint want to pay for it, fine with us, then we will charge you a premium to use it!!

Money making machine?? Yup, compare the ticket price on a train to Mascot, probably cheaper to take a cab or even rent a Limo. Why? Just how much does McBank charge for space UNDER the airport?

As Sen. NX said, privatization has been an unmitigated disaster.