“ Business article admits privatisation has not helped with electricity prices but rather privatisation in Victoria has made no difference to electricity prices privatisation has failed to deliver, but profits have been sent profits overseas, and state citizens have missed out

http://www.smh.com.au/business/comment-and-analysis/electricity-the-great-big-hidden-tax-20141130-11x2b2.html “ Business article admits privatisation has not helped with electricity prices but rather privatisation in Victoria has made no difference to electricity prices privatisation has failed to deliver, but profits have been sent profits overseas, and state citizens have missed out on billions of Dollars of state revenue through privatisation !! article well worth read and circulation

 “There should be similar revenue flow back to government and or tax equivalents on other ‘ state owned corporations or govt bus enterprises etc’ most corporations owned by government boasts of their profit or return to govt both a business as well as tax equivalents , this can have a reverse effect on arguments for privatisation, simply by multiplying the number of years of return against sale price, and represent an opportunity to show the difference in money flow back to the….. long term assets ownership will always be higher than any sale price , not to mention , jobs, additional employment and profits staying in our communities community …. “ – Greg McLean

http://www.smh.com.au/business/comment-and-analysis/electricity-the-great-big-hidden-tax-20141130-11x2b2.html

" From the perspective of privatisation, the $1.7 billion annual electricity tax is an interesting figure. The mooted sale figure is $20 billion. Even if the government were to fetch $20 billion – without resorting to special concessions to the buyers (which would sting customers) – it might still be a "dud deal" for taxpayers. "  - Quote from smh article