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John Quiggin

A rare outbreak of unanimity on PFI

I’m doing some work on privatisation and wanted to look at recent UK experience with the Private Finance Initiative. So, I Googled for PFI in the last year (as Google personalizes searches, your mileage may vary). The result is a surprising degree of unanimity. Across the political spectrum, there is agreement that * PFI is a disaster, enriching private firms at the expense of the public * The other side is (mostly) to blame Excluding some references to an Indian political group and...

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The result is in the mail

We got our equal marriage survey forms in the mail yesterday, and posted them back today. From what I’ve seen, about half the forms were delivered last week and nearly all will be done by Friday. And I imagine, most people will either respond straight away or not at all. So, it was kind of strange to see the official campaigns being launched at the weekend, rather as if an ordinary election campaign started at lunchtime on election day*. On the other hand, the results won’t be announced...

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The opportunity cost of the Melbourne Grand Prix

Last Sunday, my wife Nancy and I had a great weekend in Mooloolaba, where I took part in the Ironman 70.3 event, along with a thousand or so other competitors from around Australia and the world as well as hundreds of spectators. As Nancy said, even though the Sunshine Coast isn’t far from Brisbane, we’d never get around to going if there weren’t an event like this, but the beautiful setting makes us keen to return. While I was there, a friend mentioned that the Melbourne Ironman event...

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How to replace the National Electricity Market

There are quite a few proposals around to intervene in, or repair, the National Electricity Market. In my view, it’s much too late for that. We need to scrap the NEM and start on a new path towards a zero-carbon electricity and energy system. I’ve written down some preliminary thoughts. I’d appreciate comments and also suggestions as to how I might push this idea along a bit. Background (a) The National Electricity Market has failed, and requires radical restructuring (b) The ultimate...

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