User:Smitehati/sandbox

Privatization in Australia
Privatization is an economic term that refers to transitioning an asset or good from one sector into another. This topic receives significant media coverage due to its relevance in the current political climate, whereby governments privatize public goods by transferring them to the private sector to achieve greater efficiency. It is part of the process of deregulation, which entails the removal of regulatory laws or frameworks. Privatization became part of the political and economic agenda during the 1980’s, primarily instigated by US President Ronald Reagan and UK Prime Minister Margaret Thatcher. The history of privatization in the West has meant that there is a plethora of research on this topic, thereby confirming no original research. The effects of privatization are subject to debate which is often significantly covered in media and achieves notability, however there are reliable sources that are able to present a neutral point of view with an objective tone, bereft of bias.