The Forum > General Discussion > Berejiklian
Berejiklian
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I did agree that there are certain businesses best left in private hands, the Burger Business as an example. Profits are not always a reliable indicator of efficiency. Large organisations, be they private or public, by their nature tend to have bureaucratic inefficiencies built in. Small business and sole traders can run poor businesses and still be profitable, but they tend to be less so. In the case of the CBA, I was correct in saying when it was in government hands it was Australia's leading savings and trading bank. I would expect with years of economic growth, today it would return substantially more than it did in yesteryear. Australia Post is a good example of a profit driven autonomous government enterprise. Although in AP's case government insists it operate a huge loss making letter business. Who is barking to keep Australia Post in government hands not Labor or the Greens so much, but the Nationals. QANTAS operated as well as any private airline when government owned, yet recently as a private company billions of taxpayer dollars have been poured in to keep it afloat. When Australia operated the two airline domestic policy, it was in place not to protect the public airline TAA, but the privately owned Ansett. and it was Ansett that finally crashed and burned in the free market, not the other way around.
You call out Labor and the Greens as proposing "failed policies of the 1950's", yet leave out the party that puts the biggest demands on the public purse the National Party. In its early days the Country Party (todays Nationals) was very much a quasi-socialist party, closer to the ALP than the Nationals (todays Liberals). As you can see from "negotiations" between the Nats and Liberals on CC policy, the Nats are not adverse to having billions spent on public enterprise when it suits them, so called infrastructure for the bush, little more than pork barrelling. Take Barnyard Joys and the announcements he has been making about inland rail, totally unapproved and out of order.