Tag Archives: privatisation

DAVID JAMES. Deconstructing the privatisation scam

It is increasingly evident how pernicious the privatisation myth is. Two recent examples have underlined it: the failings in Australia’s privatised energy grid and the usurious pricing in airport car parks. Both examples demonstrated that it is folly to expect … Continue reading

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ALLAN PATIENCE. Where do we go from here?

“Why do we experience such difficulty even imagining a different sort of society? Why is it beyond us to conceive of a different set of arrangements to our common advantage? Are we doomed indefinitely to lurch between a dysfunctional ‘free … Continue reading

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JOHN MENADUE. The litany of failed privatisations.

Ideologues ,the self interested bankers and accountants and lawyers still persist with their fixation with privatisation despite the fact that it is failing in one area after another and the electorate shows very clearly that it does not want it.  … Continue reading

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IAN McAULEY. The National Electricity Market: What happens when economists get involved with electricity

John Menadue has asked me to write about the National Electricity Market – the NEM.  I should be qualified to do that: my first degree and my first years of professional work were in electrical engineering and in my later … Continue reading

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IAN MCAULEY. Warning from Colin Barnett: Privatisation is on the nose

The WA Government’s proposal to privatise Western Power – the government-owned electricity utility – was one of the factors contributing to the extraordinary anti-Liberal swing in Saturday’s Western Australia election. Privatisation of electricity has also been an issue in the … Continue reading

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MICHAEL WEST. Australia’s march to corporatocracy.

Confounding the familiar government narrative of reckless spending binges by Labor, the Coalition actually has the record of greater profligacy when it comes to showering billions of dollars of taxpayers’ money on external consultants.  

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JOHN AUSTEN. The Premier and privatisation; selling silverware for transport tupperware?

Commentators on Premier Baird’s years focussed on short term matters such as money from privatisations or inconvenience caused by infrastructure building. The most important question, the merit of infrastructure built with sale proceeds, may take years to answer. NSW will … Continue reading

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JOHN AUSTEN. Badgerys Creek – testing times

The new airport at Badgerys Creek will test national competition and state transport infrastructure policies and may reveal the latter to be gravely flawed. The usual Commonwealth-state funding fight spectacle should be treated as a trivial pantomime and not distract … Continue reading

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TONY SMITH. A nasty government

The compact between government and citizen is being destroyed. 

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JOHN AUSTEN. How port privatisation will hobble Newcastle

Commonwealth action is necessary to undo potential penalties on Newcastle Port. While the infrastructure conversation focusses on major projects like electricity grids it can ignore more significant matters. One such matter in NSW that deserves immediate attention is port privatisations. … Continue reading

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JOHN QUIGGIN. People have lost faith in privatisation and it’s easy to see why.

From the viewpoint of ordinary Australians, privatisation is a policy that has consistently failed but is remorselessly pushed by the political elite. It is little surprise that voters are turning to populism in response. “Privatisation” is a term that covers … Continue reading

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JOHN MENADUE: Privatisation is costing consumers and damaging economic reform.

  ‘Privatisation is costing consumers and damaging economic reform’ said  Rod Sims, the Chairman of the Australian Competition and Consumer Commission, recently. He added ‘Poorly regulated privatisations are driving up prices and have little to do with economic reform … … Continue reading

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John Menadue. Privatisation – a worn-out ideology.

Voters are making it plain that they are not keen on privatisation. Economic research also tells us that the evidence in favour of privatisation is not conclusive. Conservatives claim that privately owned businesses are better managed than public ones, but … Continue reading

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Privatisation on the wane. John Menadue

From the days of Maggie Thatcher, Ronald Reagan and John Howard, the assumption has been that the private sector will grow in relation to the public sector because it is more efficient and contributes more to the public good. The political … Continue reading

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