Privatisation of Telstra

Date Submitted: 02/07/2002 08:52:15
Category: / Law & Government / Government & Politics
Length: 6 pages (1606 words)
PRIVATISATION - TELSTRA What are the advantages of privatising Telstra and how does this impact it's ethical conduct while striving to satisfy community expectations? I believe that putting important public assets into select private hands is not in Australia's long-term interests, and oppose the partial/full sale of Telstra for the reasons that the Government has given. The argument the Government has given for the privatisation and corporatisation of Telstra has been a budget conscious …
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…my preferred position would be for the commonwealth the buy back to 1/3 of Telstra already sold, because of the public benefit derived from public ownership. Telstra is in an effective monopoly position, and taxpayers' funds have made the telecommunications giant what it is today. It is not fair to place this public infrastructure into private hands, which have failed to deliver service merely for the purposes of profit and shareholder interests. Bibliography me, my sources
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