Paul Keating expresses support for Morris Iemma in NSW. I agreewith Keating's remarks. His comments on the 'natural monopoly' character of the distribution network but the competitive character of the generation network in an integrated eastern seaboard market shows that he understands the main issues. Provided electricity can be sold in a connected, competitive market we don't need a 1930's-style Stalinist state supplying us with power.
Barry O'Farrell, who I knew as a very decent fellow student at the ANU in the 1970s, should be ashamed of his fence sitting. His duty is to NSW - not to scoring a few cheap political points. On this one my old cobber Barry - back Iemma.