Privatisation In Australia

rivatisation is politically unpopular; according to polling undertaken by Essential Media, most
Australians (58%) are opposed to privatisation with only 22% thinking the policy is a good idea.
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In an earlier poll, Essential Media had found that only 6% of respondents thought the public had benefitted from past privatisations.
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o n the other hand, we know that privatised firms ‘almost always become more efficient, more profitable, and financially healthier, and increase their capital investment spending.’
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The problem is that privatisation is controversial despite empirical studies showing that it is a highly successful policy. In this essay, I set out arguments why privatisation is politically unpopular despite its
Why the controversy?
Privatisation is defined as the transfer of ownership rights in state-owned enterprises to the private sector. This type of activity has taken