Defined as: the transfer of a business, industry, or service from public to private ownership and control, how would that ever be a good thing?! The main purpose of all right-wing, economically Neo-liberal government, is to transfer as much public wealth into their private sector buddies hands as possible. The current New South Wale government has sold off more than $90 Billion in public assets. Let ask the questions - who benefited? By how much? Is it being run better? How much did it cost? - the tax payer builds it and pays for it and the right-wing sell it to their mates for a song and then rent it back to us. STOP PRIVATIZATION. NSW Labor are right to make this an election centerpiece.