The finance and administration of all government trading enterprises was put on a more commercial basis, with standard rates of return on capital set and separate community service obligations for specific public funding identified. There were major expenditure cuts and dramatic price increases in education, public transport and electricity. The new government spoke of New South Wales living beyond its means, introducing new user-pay charges, proposed the sale of underused public assets to help pay off state debt and flagged the use of private capital to build public infrastructure. It was a radical agenda at the time, but a package of reforms that would become standard across Australia over the next decade.