New Poll: VIC LNP 37% vs VIC Labor 28%, page-103

  1. 47,417 Posts.
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    @daicosisgod; it's not hard to see why you didn't provide any links to verify your erroneous assertions.

    The article listed below provides confronting insights into just what a disaster the Kennett Government's ill-conceived privatisation of the SECV was:

    https://hotcopper.com.au/data/attachments/6321/6321117-20784619b774b34598d0d477f2444f52.jpg
    "... The SEC was lined up by the new government, which claimed that the authority was laden with debt and had to be privatised. This despite the fact that in its last year of operation, it paid $995 million in interest, a $191 million dividend to the state government, and had a profit of $207 million.

    Basket case, indeed.

    The electricity privatisation exceeded government expectations, delivering more than $20 billion to a cash-strapped state, with promises that in private hands, the delivery of electricity would be better and cheaper than the service provided by the old state-owned behemoth.

    It's worth remembering that small piece of Victoria's political history the next time your power bill arrives in your inbox or letter box. Bill shock doesn't quite describe the experience, for we have become hardened to the ridiculous amounts being charged for what is an essential service.

    In a report this year, the Australia Institute used official figures to calculate that the cost of electricity increased by 170 per cent from 1995 to 2012 - four times higher than the rise in the consumer price index.
    ..."

    disallowed/opinion/the-shocking-truth-about-the-privatisation-of-power-20131108-2x76f.html
 
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