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Renationalisation in Australia

Summary:
I got a message from a student asking about examples of renationalisation in Australia. Here’s my response There hasn’t been much explicit renationalisation of business enterprises in Australia. What we have seen is (a) Public private partnerships (PPPs) being wound up and returned to the public sector. As well as Port Macquarie, some others are mentioned herehttps://grattan.edu.au/news/public-private-hospital-partnerships-are-risky-business/and here on private prisonshttps://www.theguardian.com/australia-news/2019/mar/26/queensland-to-end-private-jails-experiment-after-scathing-reportand social housinghttp://www.newleafcommunities.com.au/ (b) The government has also re-entered areas of business it had previously privatised. The most important example is the NBN, but there

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I got a message from a student asking about examples of renationalisation in Australia. Here’s my response

There hasn’t been much explicit renationalisation of business enterprises in Australia. What we have seen is


(a) Public private partnerships (PPPs) being wound up and returned to the public sector. As well as Port Macquarie, some others are mentioned herehttps://grattan.edu.au/news/public-private-hospital-partnerships-are-risky-business/
and here on private prisons
https://www.theguardian.com/australia-news/2019/mar/26/queensland-to-end-private-jails-experiment-after-scathing-report
and social housing
http://www.newleafcommunities.com.au/


(b) The government has also re-entered areas of business it had previously privatised. The most important example is the NBN, but there is also the big Tesla battery in SA  https://hornsdalepowerreserve.com.au/ and other interventions by the state government there. The Federal governments proposed Snowy 2.0 is another example

John Quiggin
He is an Australian economist, a Professor and an Australian Research Council Laureate Fellow at the University of Queensland, and a former member of the Board of the Climate Change Authority of the Australian Government.

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