Electricity Privatisation - A Record of Failure

A new independent report and video documentary on electricity privatisation in Victoria, Australia, addresses its economic failings and social costs. Professor John Quiggin of the University of Queensland provides detailed evidence to support the conclusion that free-market electricity reforms have been 'a spectacular failure' and there is no fiscal or economic justification to continue the sell-off:
http://www.etu.org.au/system/files/ETU%20Electricity%20Privatisation%20Report.pdf
http://gmpsiaprec.blogspot.sg/2014/02/electricity-privatisation-record-of.html