Privatisation: The Financial Implications

Strapped for funds, governments at both State and Federal level are sifting through their public enterprises, seeking potential candidates for privatization. How can a government make the most of its privatization effort? How can it ensure the best price for the existing owners, ie. taxpayers? What will be the impact on the stock-market and on the semi-government bond-market of further privatization of government business enterprises and public authorities? "Privatisation" presents papers from the Fourth Melbourne Money and Finance Conference held in December 1992, and examines financial aspects of privatization. It is aimed at those interested in the potential impact of large-scale privatization in Australia's financial system.