The Federal Government’s Asset Recycling Initiative seeks to incentivise State Governments to privatise assets. The initiative emphasises the short term profits of privatisation, but overlooks the broader policy implications and long term economic issues.
Despite claims about the economic advantages of privatisation made by the NSW Liberal Government, the privatisation agenda of the last three decades has resulted in cuts
to public services, finalisation of few large scale infrastructure projects and an ongoing budget deficit.
Unions NSW response to the Federal Liberal Government’s move to privatise the 1800 RESPECT telephone counselling service. Under the Government’s plan, high value jobs will be replaced with lower paid, insecure work. This will undoubtedly affect service delivery and impact thousands of Australians who have come to rely on the service in their darkest hours.