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Essay On Kennett Privatization

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Essay On Kennett Privatization
Privatisation: The Kennett government used privatization as means for reforming Victorian public sector on an unprecedented scale. The purpose of the privatisation program was to bring responsible economic management in government enterprises, utilities and operation with greater efficiency, accountability and competition. Two leading tools of privatization policy have been the sale of State’s Government Business Enterprises (GBEs) and assets, and the contracting out of public services. To provide the legislative framework for the corporatisation and restructuring of the State’s GBEs, while still retaining accountability to the government, the State Owned Enterprises Act 1992 (assented to on 26 November 1992) was enacted (Contract-p.27). The government raised more than $22 billion from assets sold in 1993-94 which has turned out to be the nation’s largest privatisation program (revolution-p.137). Assets sold include closure of school sites; the TAB, the Heatane Division of the Gas and Fuel Corporation; the Grain Elevators Board; Bass Ticketing and many other entities. Among them, the most significant reform program took place in the Victorian electricity supply industry (ESI) at two phases. At the first stage in …show more content…
The program is designed to provide a state-wide framework of quality curriculum, programs and practices. Under this program, schools are provided a great deal of flexibility to concentrate on their strengths and creativity to produce centrally determined learning outcomes. The key objectives of the Schools of the Future program are to ensure responsibility, authority, and accountability for the educational service delivery through the central control of Department of Education and the self-management at the local school level in a semi competitive market place (Audit

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