Privatisation in Australia is the process of transiting a public service or good to the private sector through a variety of mechanisms that was commenced by the Federal Government in the 1990s, receiving bipartisan support. More generally, privatisation is a set of economic policies that is part of a broader system of deregulation of government services, underpinned by the ideology of Liberalism, in order to achieve economic outcomes of growth, efficiency and productivity. Some examples of sectors that have been privatised include finance, telecommunications and infrastructure. Australia's public service has also transformed with the introduction of New Public Management (NPM) in the late twentieth century which altered public administration models to appear more "business-like" through pe
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| - Privatisation in Australia is the process of transiting a public service or good to the private sector through a variety of mechanisms that was commenced by the Federal Government in the 1990s, receiving bipartisan support. More generally, privatisation is a set of economic policies that is part of a broader system of deregulation of government services, underpinned by the ideology of Liberalism, in order to achieve economic outcomes of growth, efficiency and productivity. Some examples of sectors that have been privatised include finance, telecommunications and infrastructure. Australia's public service has also transformed with the introduction of New Public Management (NPM) in the late twentieth century which altered public administration models to appear more "business-like" through pe (en)
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| - Privatisation in Australia is the process of transiting a public service or good to the private sector through a variety of mechanisms that was commenced by the Federal Government in the 1990s, receiving bipartisan support. More generally, privatisation is a set of economic policies that is part of a broader system of deregulation of government services, underpinned by the ideology of Liberalism, in order to achieve economic outcomes of growth, efficiency and productivity. Some examples of sectors that have been privatised include finance, telecommunications and infrastructure. Australia's public service has also transformed with the introduction of New Public Management (NPM) in the late twentieth century which altered public administration models to appear more "business-like" through performance evaluations that emphasise efficiency, productivity and service delivery. Another definition of privatisation is reliance on "more on private institutions and less on government, to satisfy people’s needs”. The concept of privatisation can be construed in a narrow or broad sense. The narrow scope of privatisation is portrayed as the sale of public goods, while the broader understanding of privatisation involves the transfer of "ownership, management, finance and control" of public goods to private actors. Historically, the Australian government played an influential role in society as the idea of a strong state was prevalent to the Australian story since Federation. This changed in the twentieth-century, as Australia's adoption of privatisation as a set of government policies, reflected the rise of privatisation across the Western world, specifically in the United States and United Kingdom. The Australian experience of privatisation involves substituting government ownership, provision and funding to the private sector, in an attempt to liberalise the economy. The effectiveness of such policies is contested, as the motivations of privatisation are widely debated. (en)
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