Airports sale faces setback

PUBLISHED : Thursday, 02 November, 1995, 12:00am
UPDATED : Thursday, 02 November, 1995, 12:00am

THE Australian Government is to push ahead with legislation to sell 50-year leases on its biggest airports, despite opposition efforts to block the move.

The legislation, to be introduced into parliament on November 13 but with little chance of being passed by the upper house, would pave the way for the privatisation of Sydney, Melbourne, Perth and Brisbane airports.

Failure to pass it could delay the planned sell-offs, which have already attracted interest from overseas investors, by a year.