The greatest CON of all time was perpetrated on the people of NSW when the State Government proposed to sell an efficient, power network with the promise of "It will increase competition and force electricity prices down".
The state government owned the entire setup. Coal mines, generators, distributors, and the grid.
Apart from providing very low cost power to the people, it also managed to return quite substantial "dividends" to the government (hundreds of millions each year).
How did we ever let them get away with it?
And now there is no one left to be accountable for the deception.