TB: "My post is directed towards a fundamental and well proven fact that is not one instance where the community has been better off when a public sector asset has been privatised. In fact, in every case, where that asset has been privatised, not only has the level of service decline but also the customer is being forced to pay more for the reduced service being provided."

TB that is absolute nonsense,  allow me to mention  at state level  the State Bank of  Victoria, or the CBA at federal leveljj

 Among the policies for which the Hawke-Keating Labor government is remembered, two of the most prominent were privatisation and financial deregulation. The combination of these two policies was symbolised by the conversion of the Commonwealth Bank from the 'people's bank' to a private organisation devoted to maximising returns to its shareholders and managers.

I realised that governments were not  good bankers, and upon privatisation purchased as many shares as I could afford with dividend  re-investment. (I now have over 8000 CBA now with a good fully franked return) as do most supperanuation funds.

" not one instance where the community has been better off when a public sector asset has been privatised."

Nonsense TB, and you do not invest I would assert.