Identify the key reasons for privatisation of public utilities or Essay - 1

Identify the key reasons for privatisation of public utilities or institutions and argue the likely effects in Australia - Essay Exampleo gradually privatise a massive number of its public utilities particularly within the three sectors known as the (1) financial serve (2) electrical energy and gas and (3) transport and communication (Reserve Bank of Australia Bulletin, 1997, p. 7). Basically, there is absolutely nothing wrong with privatising public enterprises particularly when there is a strong need for the government to come up with large amount of notes to finance the development of public infrastructure or given that the government is no longer fitting of properly managing a business enterprise. However, it is also possible for the entire society to experience economic and mixer problems given that the selling of public utility to the hands of the private sector heavily involves infrastructure (Strachan, 1998).To enable the readers to have a better understanding why the Australian Government heavily relied on privatisation stomach in the 1990s, the key reasons shag the privatisation of public utilities in Australia will be thoroughly discussed. In the butt of going through the main discussion, the possible consequences or effects of implementing the privatisation of public utilities in Australia will be tackled followed by demonstrating real-life examples to support the students point-of-view. As part of the conclusion, whether or not the key reasons behind the privatisation of public utilities in Australia can be considered as a good political strategy in terms of being able to provide the general public with affordable and good pure tone services will be justified.For many years, Australians had become very dependent on the Australian government when it comes to the speech communication of good quality public services. As part of considering the social welfare of the general public, the government had to deteriorate a large sum of money to improve the public utility services without overcharging the people with the quality services they receive. Partly because of globalization and the limited amount of