Quote:
Originally Posted by AndrewJ
Gday Alan
Another thing it did is going to start biting us very soon.
The large Govt utilities ( Gas, Electricity, Water ) also had the mass and social awareness to support and train large numbers of apprentices for their full terms, and could give them a very wide range of experiences along the way.
IIRC, a study came out last year ( associated with the TAFE debate ) re what the effects of the new profit first system is going to be as the currently qualified people start to depart the system, and we realise we dont have the required no of new people to replace them. 457s anyone???
Andrew
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The SEC in Victoria made a profit. We also had some of the lowest power prices in the world.
The system is now vastly less efficient than it used to be. There are now about 5,000 people involved in the energy retail sector that weren't there before. They provide zero actual service that wasn't there before.
The engineering is now outsourced, so rather than paying an SEC employee $50/hr, you pay a foreign owned consultant $250/hr.
For these, and other reasons already stated, privatisation has been a disaster.
There was no other possible outcome than higher prices.
We have reaped what we sowed.