DataRoom AM: Privatisation potential

Government assets could be shopped around if the Commission of Audit recommendations take hold, while a wave of IPOs hit and miss with investors.

A steady stream of government assets have come on the market over the past few years, though the federal government has largely lagged its state counterparts. That may be set to change, however, if Commission of Audit recommendations are implemented -- but that’s a big if.

Elsewhere, the suddenly surging IPO market receives mixed news, New Forests hints at a buying spree and Karoon Gas’ latest capital raising highlights a staggering downturn in its fortunes.

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