10 signatures reached
To: The Australian Government
De-privatisation
Apply a 'user-pays' principle to the tax payer funds being handed out at this time by the Australian Government. The aim would be for company equity to be provided to the Australian Government in exchange for funding used to keep businesses afloat during the COVID 19 crisis. When businesses emerge from 'hibernation' the Australian Government (tax payers) will have a small interest (equity) in a very wide range of companies.
Why is this important?
De-privatisation will provide government with an additional income stream from company dividends which can be used to offset the debt accumulated over the period of the COVID 19 crisis.