Moreover, privatising Medibank will bring great values and health result to all the residents in Australia. On one hand, the government will still put a massive useful, virtuous and viable for the private health insurance business (Medibank. 2014). This essay will examine the goods and service that privatization provides and why the Australian government should privatise the Medibank
One of the good reason why the Australian government should privatise the Medibank to the business owner, is since that public sector works are undertaken to meet the needs of community whereby the private sector works are more straightforward with a massive focusing on achieving the prospects of profit. By selling the Medibank to the private sector, means the Australian government will be able to receive profit from it which could help those residents in need as well as supporting the states with 15 percent of payments to help the Australian government with a new equipment that they required, instance building roads, education and new...
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...(Csaba, Laszlo, 1994 p28).
Medibank. 2014. Privatisation of Medibank. [ONLINE] Available at: http://www.medibank.com.au/about-us/privatisation/. [Accessed 05 May 14].
The Australian. 2014. National Affairs. [ONLINE] Available at: http://www.theaustralian.com.au/national-affairs/coalitions-10bn-asset-clearance/story-fn59niix-1226905277289#. [Accessed 06 May 14].
Hubbard, R, Glenn, 2013. Essential of Economics. 2nd ed. Australia: Pearson Australia
Fran Collyer, Jim McMaster and Roger Wettenhall, 2001. Public Enterprise Divestment. 1st ed. Pacific Institute of Management and Development: South Pacific.vernment
Roth, Gabriel, 1987. The Private Provision of Public Service in Developing Countries. 1st ed. United State of America: Oxford University
Csaba, Laszlo, 1994. Privatization, Liberalization and Destruction. 1st ed. England: Dartmouth
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