I know this will be howled down, but I believe there is a case for Govs to be essential areas of the economy like they were in the "old days" eg Commonwealth Bank & State Super Funds.
That way they can ensure real competition (as against lip-service covered collusion) & in the case of Super, have it put to work on long term capital works projects without Macquarie Bank style fees gougeing the top off it. Everyone (except the Macquaries of the country) would benefit from every dollar saved being invested ie cheaper infrastructure cost as well as cheaper super fund admin costs (no churning for the sake of fees)
Fire away .... I've taken cover under the desk
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