QUEENSLAND Premier Campbell Newman has stared down former federal treasurer Peter Costello and he deserves some credit for that. A stocktake of Australia’s electricity now, compared with two decades ago, confirms that the privatisation and corporatisation of the sector has been a massive failure. An analysis of the sector since Victoria privatised power in the 1980s shows productivity has fallen and prices have gone through the roof.
Tanya Martin Office Manager
Jake Wishart Senior Media Adviser