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Professor Roger Scott: 'A Cautionary Tale: How to Rort Privatisation and Steal from the Public Purse'

The Newman government and the Abbott government share a blind faith in the benefits of privatisation.  Taxpayers risk giving away public assets, to help the budget bottom-line, and then face being gouged for higher prices for services they previously owned as a public asset. 

If this sounds overly-pessimistic, just look at the experience in conservative-ruled Britain which is the mainspring of so much emotion and reverence from the current incumbents in government.  A Conservative government is guilty of rewarding its mates in the Big End of the City by offering them the Royal Mail in their version of ‘sale of the century’.

 

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