Tuesday, 14 January 2014

Privatisation of Government owned corporations/businesses and assets that provide financial return to Government are just wrong

http://www.asu.asn.au/blogs/entry/privatisation-of-government-owned-corporations-businesses-and-assets-that-provide-financial-return-to-government-are-just-wrong This article in the Sydney Morning Herald published 9th December is well worth reading and supports many of the issues we have canvassed for some time: that privatisation of Government owned corporations/businesses and assets that provide a financial return to Government are just wrong. Well said by Bill Mitchell of Charles Darwin University, "The selling off of an enterprise that delivers a cash flow is a ridiculous thing to do." As well as comments by Bob Walker, of Sydney University. This article is well worth onward circulating. Read the full article here: http://www.smh.com.au/federal-politics/political-news/economists-caution-government-on-privatisation20140108-30hk7.html