Re: Australian Election - 24 November
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Simple example: 20 years ago, it cost 25c for a local phone call. How much does it cost these days? (20c?) Account for inflation, and that's a huge price reduction.
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But that reduction had happened before telstra was sold. I think that's showing the benefit of advancing technology, not privatisation. It's not like the price plummeted when they sold telstra. And if you look at utilities - gas and electricity were both privatised promising "big savings to the consumer" (at least in south australia) with the exact opposite occurring a few years in.
Like I said - I'm not really for or against, but I havent seen a lot of empirical evidence that it's cheaper, just theoretical arguing.
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