Has the era of privatisation run its course?

The Queensland Premier has today made the case for the state to own petrol stations to help keep fuel prices in check.

The Federal Opposition is trying to prosecute the case for publicly owned nuclear power plants, and of course there’s the failures of REX and Bonza which has led to calls for Governments to get back in the business of aviation to help keep regional and rural Australia flying.

Have we reached a limit with privatisation, with the idea that the private enterprise will always do things better than the public sector, that Governments have no business being in business?