Ne News 30 March 2018 At the current time, governments around the world are privatising state assets, either claiming that owning the services is a "conflict of interest" or that the private sector can do it better for lower costs. In Australia, the "conflict of interest" argument was used to justify the privatisation of Telstra and Medibank Private among others. The "private sector can do it better for lower costs" argument was used for public transport. The argument used for privatisation is "lower costs" for "consumers". When it comes to public transport, privatisation will lead to "lower fares" for "customers". Note that governments, and increasingly the mainstream media, are increasingly using the terms "consumers" and "customers" to describe citizens. In 1999, the Victorian Government under Premier Jeff Kennett privatised the public transport system in Victoria, breaking the metropol...