Does it follow? Does it follow that if Victoria and NSW privatise and deregulate certain industries that the ACT must follow suit? We can expect a new round in the privatisation debate in the ACT in the next few months. With the election over, there are no voters to scare, so the issues can be more fearless canvassed by the Government. Moreover the balance in the Assembly has changed a little with the Government requiring only the Osborne independents to vote with it to get its way. Indeed, at present the Government can privatise without separate legislation, but any instance is subject to new legislative veto if a majority in the Assembly agreed.
One of the troubles with the privatisation debate is that is easy to point to benefits individuals might get from government ownership, regulation or subsidy, but it is hard to quantify the benefits to the community as a whole from lower taxes and more efficient use of resources.
It is easy to argue for regular bus routes with subsidised fares. The harder argument is that in favour of getting rid of mostly empty buses, burning fuel on uneconomic bus routes.
It is nice to have the lower prices from subsidised milk, water and electricity, but it is neither environmentally or economically efficient. And should the state profit from promoting gambling through the TAB? Also, is it fair to private operators in a field to have to compete against a subsidised public operator, as in the case with Ecowise, Actew’s fully owned electrical contracting company.
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