Some authors have highlighted the significant benefits of relaxing the strict public/private division in order to facilitate privatisation. According to Abbott and Cohen (2014), the privatisation of numerous industries in Australia has enhanced economical efficiency, progressive regulatory reforms and technological development. In most cases, the improvement seen post privatisation, such as in the education and health industry, can be attributed to the reduction of government monopoly in the industry, resulting in additional resources to expand the services and reduction of our public debt.
Another benefit of privatising services is the encouragement of a competitive market by increasing the accountability of contractors and bringing a bigger
Another benefit of privatising services is the encouragement of a competitive market by increasing the accountability of contractors and bringing a bigger