De-privatising the power industry
Victorian Premier Daniel Andrews is right about electricity generation and supply. The system built and maintained by the state with public money should never have been sold to private investors. And his conclusions hold true not just for Victoria but for NSW. I well remember sitting in the office of the editor of The Newcastle Herald, during the inglorious tail end of a long string of Labor governments, listening to ALP heavyweight Michael Costa trying to sell the benefits of privatisation. He wanted positive coverage in the paper, and when reporter Ian Kirkwood pointed out some…