You are here

loss of public assets

Disempowering Australians: Electricity privatisation (begun by Jeff Kennett) is a disaster

Inside a short video on privatisation of electricity. In 1994, the Kennett government disaggregated the SECV into five distribution and retail companies (absorbing the MEUs in the process), five generation companies, and a transmission company. Along with other state-owned utilities (such as the Gas and Fuel Corporation of Victoria), these businesses were all corporatised, then privatised between 1995 and 1999.

Subscribe to RSS - loss of public assets