The Greens are right about privatisation

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Greens leader Adam Bandt yesterday unloaded on former Labor Prime Minister Paul Keating, labelling him the “patron saint of privatisation”, claiming he started a rot that has left Australians worse-off:

Mr Bandt branded Labor as a “neoliberal” party which had drifted to the far-right…

Bandt said the former prime minister had a “short tongue but a short memory” and he attacked him for the corporate privatisation of banks, communications and medical services.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.