Reclaiming Australia's Government-Owned Assets
Objective:
Restore public ownership of all assets previously owned by the Australian government, including ports, toll roads, telecommunications, and utilities, to ensure these critical resources serve the public good, not private profit.
Key Points:
Comprehensive Asset Buyback:
All assets previously owned by federal, state, or local governments will be reacquired, including:Ports, toll roads, railways, and airports.Telecommunications infrastructure (e.g., NBN).Utilities such as water, gas, and electricity services.A National Asset Reacquisition Fund will be created to finance this initiative, supported by government bonds and revenue from reclaimed assets. Permanent Ban on Privatization:
Enact the Australian Public Ownership Act to ban the sale of government-owned assets at all levels, ensuring they remain under public control indefinitely. Public Benefit First:
Reclaimed assets will be managed to prioritize affordability, accessibility, and sustainability for Australians, rather than maximizing private profits.Excess revenues from these assets will be reinvested into public services like healthcare, education, and infrastructure. Phased Implementation:
Year 1: Audit all privatized assets and evaluate fair buyback costs.Years 2–5: Reacquire high-impact assets like ports and toll roads.Years 6–10: Complete the reacquisition of all remaining assets. Economic and Security Benefits:
Retain profits and control of critical services within Australia.Prevent foreign or private exploitation of strategic infrastructure.Create jobs through public management and infrastructure expansion.
All assets previously owned by federal, state, or local governments will be reacquired, including:Ports, toll roads, railways, and airports.Telecommunications infrastructure (e.g., NBN).Utilities such as water, gas, and electricity services.A National Asset Reacquisition Fund will be created to finance this initiative, supported by government bonds and revenue from reclaimed assets. Permanent Ban on Privatization:
Enact the Australian Public Ownership Act to ban the sale of government-owned assets at all levels, ensuring they remain under public control indefinitely. Public Benefit First:
Reclaimed assets will be managed to prioritize affordability, accessibility, and sustainability for Australians, rather than maximizing private profits.Excess revenues from these assets will be reinvested into public services like healthcare, education, and infrastructure. Phased Implementation:
Year 1: Audit all privatized assets and evaluate fair buyback costs.Years 2–5: Reacquire high-impact assets like ports and toll roads.Years 6–10: Complete the reacquisition of all remaining assets. Economic and Security Benefits:
Retain profits and control of critical services within Australia.Prevent foreign or private exploitation of strategic infrastructure.Create jobs through public management and infrastructure expansion.
Expected Outcomes:
Affordable Services:
Reduce tolls, energy costs, and other fees by eliminating profit-driven management.
National Security:
Ensure key infrastructure is controlled for public safety and strategic stability.
Economic Resilience:
Strengthen Australia’s economy by keeping revenue from critical assets within the country.
This policy ensures that essential services and infrastructure work for Australians, reclaiming control of the nation’s future.