Businesses were hit hard during the Optus outage, with EFTPOS machines left out of action. As Australia moves further towards being completely cashless, experts say the outage isn't enough to see cash return as king.
If the infrastructure is publicly owned it won't be seeking a profit or to please shareholders, only the Australian people, so prices will be lkw anyway. The it also has the possibility to be covered entirely by taxes (at least for some base level plan) since its now an essential service to the economy
Not necessarily. The passport office is publicly owned and we pay some of the highest fees for passports.
The nbn is publicly owned but seeks to make a profit.
Anything that is government owned is paid for by us all anyway, through taxes. That's not necessarily a bad thing. But, when things are more expensive to use, but not used by all, it's fairer. However for essential service, spreading the cost by how much people can afford is also good.
It's not a case of public good, private badz but there is nuance and pros and cons.
If the infrastructure is publicly owned it won't be seeking a profit or to please shareholders, only the Australian people, so prices will be lkw anyway. The it also has the possibility to be covered entirely by taxes (at least for some base level plan) since its now an essential service to the economy
Not necessarily. The passport office is publicly owned and we pay some of the highest fees for passports.
The nbn is publicly owned but seeks to make a profit.
Anything that is government owned is paid for by us all anyway, through taxes. That's not necessarily a bad thing. But, when things are more expensive to use, but not used by all, it's fairer. However for essential service, spreading the cost by how much people can afford is also good.
It's not a case of public good, private badz but there is nuance and pros and cons.