Essentially privatisation is a method of transferring public assets into the hands of supporters of the Liberal party that's 'justified' by neo-liberal ideology which theorises that foreign oligopolies or monopolies are superior to publicly owned enterprises and the government is just another business.
Posted by mac, Friday, 31 October 2014 11:53:21 AM

I think you will find this includes a large number of Labor politicians as well.

Yes Wolly and that's where the real problem lies?
There was a time when labor pollies came from the general working populace, and semi retired professionals.
Now they seem to come from anywhere else, with types like Malcolm Turnbul and Tony Abbott once considering Labor party membership?
And millionaires like Hawke, Keating and Rudd, actually leading the party and the country.
I find it almost impossible to believe, any of these highly privileged people have any REAL empathy, with the common herd.
If there's any doubt,[by their fruits ye shall know them,] just look at house prices and the level of homelessness in Australia!
One can look the world over, and nowhere can one find, so much as a single example of lower fees and charges following privatization. Simply put, Government owners don't have to pay tax, interest on loans nor shareholders dividends. [The so called natural cost.]
And instead, are able to pour those savings into lower prices, which arguably benefit energy dependent small business most of all!
Sure there are some issues with too many public servants, handing themselves jobs and fat salaries for life.
But that's down to the model, which builds monopolies; which could and should be replaced by bench marked and best practice duopolies; competition for survival and triennial tendering for three year term contracts, for the labor component!
Those attracted to politics as a rescue for a failed/failing business or practice, are the very last people to have control of any business, and perhaps bankrupts etc, should forever be banned from politics, least they spread their incompetence, to the rest of, [the govt has no business in business,] politics.
Not all that long ago, even Menzies would've rejected that argument out of hand!?
If it's broke fix it!
Rhrosty.

Wolly, Rhrosty,

Yes, you're correct, there once was a Labor party, when I was young many years ago, haven't seen it for ages.

Come off it Halduell, shove them through a TAFE, rather than a BA, & they will not only come out knowing more, but they will also be able to do something more useful than push a pen at a government desk.

Hell with fewer in boxes, we would get more work done more quickly by the bureaucracy.

Hasbeen, Posted Friday, 31 October 2014 5:37:43 PM
Can I assume that included in your "them" getting shoved through TAFE will be your children, or grandchildren as the case may be?

The scariest thing about the "Privatisation" of media-bank is that is this one step further into an American for profit health care system.

The selling of the "silver ware" to over seas companies that then use 'Australian Taxation laws' to avoid paying taxes, is the equivalent of shooting your self in the foot. Except that is the politicians shooting the australian taxpayer in the foot.

SBS had a show on what happens in many countries when the water rights get privatised and it is the public that suffers.

Whilst merchant bankers, and politicians profit.