ACCC urging governments to sell Australia Post

THE competition watchdog is urging governments to sell assets to boost national productivity.

The Australian Competition and Consumer Commission chairman Rod Sims says the root and branch review of competition policy by the Federal Government should be as broad as possible, as privatisation and more competitive markets offer the best possibility of productivity improvements.

Mr Sims says, for a start, state governments should privatise energy companies, a move he believes will bring down electricity prices.

"When the private sector owns assets that does provide better incentives for better performance," he told ABC's News Radio.

"I did comment on the energy sector, which is a sector I know fairly well. I'm quite confident that had the network assets in NSW and QLD been owned by the private sector we'd probably have lower electricity prices than we do now."

Read more at ABC News Online

Should Australia Post be sold to private owners?

This poll ended on 06 January 2015.

Current Results

Yes

19%

No

80%

This is not a scientific poll. The results reflect only the opinions of those who chose to participate.



Tweed businessman wants another shot at running for election

Tweed businessman wants another shot at running for election

Nationals are looking for nominees for Richmond

Last chance for gun owners to register firearms

Last chance for gun owners to register firearms

Firearms amnesty coming to a close this weekend

How to own 20 homes before you’re 30

How to own 20 homes before you’re 30

The hotspots where Australia’s newest property moguls will be ‘born’

Local Partners