In 2016, ACCC head Rod Simms said that he no longer supported the privatisation of public assets because it often leads to consumers and end-users being price gouged:
“I am getting more exasperated. I just think governments are more explicitly now privatising to maximise the proceeds – including the Commonwealth”…
“I see it getting worse. I think a sharp upper cut is needed in this area. That’s why I am saying, ‘let’s just stop the privatisations’. It is increasing prices – let’s just call it out.”
