MAJOR PRIVITISATION in AUSTRALIA (1990-2001)
The term Privatisation can be defined as the transfer of activities from the public sector to the private sector.
The term "GBE" is an abbreviation for Government Business Enterprises, which means businesses owned solely by the government, thus not privately owned.
3.0<Tab/>ARGUMENTS FOR PRIVATISATION OF GBES
There are many positive reasons for privation, these include:
-<Tab/>Privatisation many help reduce the inefficiency that previously existed in large gove…
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