Bankers sceptical state assets will be sold

Few investment bankers expect some of the most high-profile assets identified for sale by the National Commission of Audit -- Snowy Hydro and Australian Post -- will be sold off.

Australia’s senior investment bankers aren’t getting excited about potential deal flow from the 10 Commonwealth assets that Tony Shepherd’s National Commission of Audit has recommended be sold.

Bankers, who spoke to Data Room on condition they not be identified, say they expect few of the iconic assets the commission recommends will be privatised.

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