Public ownership

To solve the key crises facing modern capitalism we need to take economic and political power out of the hands of private corporations and their political servants. We must reverse privatisation and bring the key sectors of the economy under social control to reorganise the economy in the interest of people and the planet rather than profits.

What we think

1. The selling-off of Australia’s essential resources and services over decades of neoliberalism has only resulted in higher prices and declining quality
2. The infrastructure and resources used to provide basic utilities are the collective property of society and should be publicly owned and controlled.
3. Energy production and distribution should not be run for profit but to satisfy the needs of the population.

We'll fight to

1. Renationalise Telstra
2. Ensure the National Broadband Network is integrated, publicly owned and run, providing high speed internet to every residential property.
3. Bring the dysfunctional, price gouging and polluting private energy industry into public ownership.
4. Cancel ‘Public Private Partnerships’ in infrastructure projects and establish a public infrastructure commission to directly carry out the transformation of our economy.
5. Nationalise the big banks, and end the rampant financial speculation in real estate. Deploy the enormous funds of the finance sector to green jobs and infrastructure.