150
Views
4
CrossRef citations to date
0
Altmetric
Original Articles

The Fiscal Consequences of Privatisation: Australian evidence on privatisation by public share float

Pages 305-321 | Published online: 21 Jul 2010

References

  • Allison , L. 1997 . A stampede forTelstra . Australian Financial Review , 18 November : 1 C. Lacy and F. Burke
  • Bel , G. 1998 . Privatisation on the stock market: sale at one go or sale in tranches? . Economics Letters , 58 : 113 – 117 .
  • Boyd , A. 1993 . CBA to remain under Canberra . Australian Financial Review , 1 November : 33
  • Buckland , T. and Davis , E. 1984 . Privatisation techniques and the PSBR . Fiscal Studies , 5 : 44
  • Casey , A. and Dolleiy , B. 1996 . The privatisation of GIO Australia: success or failure? . Australian Journal of Public Administration , 53 : 18 – 25 .
  • Curtis , J. 1993 . “ Offering mechanisms for privatisation through the capital markets ” . In Privatisation: The Financial Implications , Edited by: Davis , K. and Harper , I. 57 – 71 . New South Wales : Alien & Unwin .
  • Deans , A. 1995 . Keeping owners happy . Australian Financial Review , 31 July : 48
  • Deans , A. 1996 . Minister misses his big chance . Australian Financial Review , 6 December : 80
  • Department of the Treasury . 1993-94 . Annual Report 1993-94 , Commonwealth of Australia .
  • Dwyer , M. , Boyd , A. and Ries , I. 1991 . CBA strips staff super to boost profit . Australian Financial Review , 9 JuIy : 5
  • Easton , S and Finder , S. 1996 . Australian Government sector initial public offerings . Applied Economics Letters , 3 : 603 – 605 .
  • Finn , F. and Higham , R. 1988 . The performance of unseasoned new equity issues - cum - stock exchange listings in Australia . Journal of Banking and Finance , 12 : 333 – 351 .
  • Forsyth , P. 1993 . “ Privatisation: private finances and public policy ” . In Privatisation: The Financial Implications , Edited by: Davis , K. and Harper , I. 8 – 22 . New South Wales : Allen & Unwin .
  • Jenkinson , T. and Mayer , C. 1994 . “ The costs of privatisation in the U.K. and Fiance ” . In Privatisation and Economic Performance , Edited by: Bishop , M. , Kay , J. and Mayer , C. 290 – 298 . Oxford : Oxford University Press .
  • Kay , J. and Thompson , D. 1986 . Privatisation: a policy in search of a rationale . Economic Journal , 96 : 18 – 32 .
  • Lee , P. , Taylor , S. and Walter , T. 1996 . Australian IPO pricing in the short and long run . Journal of Banking and Finance , 20 : 1189 – 1210 .
  • Lewis , S. 1996 . Telstra's tight-rope act . Australian Financial Review , 4 September : 1
  • LópQ-de-Silanes , F. 1996 . Determinants of privatisation prices , Working Paper 5494 National Bureau of Economic Research .
  • Mayer , C. and Meadowcroft , S. 1986 . “ Selling public assets: techniques and financial implications ” . In Privatisation and Regulation: The U. K. Experience , Edited by: Kay , J. , Mayer , C. and Thompson , D. 322 – 340 . Oxford : Clarendon Press .
  • Murray , D. 1996 . CBA's record +ACQ-4b float . Australian Financial Review , 6 June : 1
  • Power , J. 1992 . CSL float could bring Government a funds transfusion up to +ACQ-25Om . Australian Financial Review , 10 November : 3
  • Privatisation and Infrastructure Report (1997) The Telstra Sale, 1 October (PIR Newsletters).
  • 1992 . “ Privatisation Report ” . In Perils of Budget Projections , Vol. 6 , 1 Melbourne Bureau of International Public Relations Ltd .
  • 1993 . “ Privatisation Report ” . In Selling Another Slice of Bank , Vol. 37 , 4 Melbourne Bureau of InternationalPublic Relations Ltd .
  • 1994 . “ Privatisation Report ” . In Indemnity for CSL Buyers , Vol. 58 , 4 Melbourne Bureau of InternationalPublic Relations Ltd .
  • 1996a . “ Privatisation Report ” . In Partial Sale Essential , Vol. 114 , Melbourne Bureau of International PublicRelations Ltd .
  • 1996b . “ Privatisation Report ” . In Telstra Job Cuts , Vol. 115 , Melbourne Bureau of International Public Relations Ltd .
  • Quiggin , J. 1995a . Does privatisation pay? . The Australian Economic Review , 110 : 23 – 42 .
  • Quiggin , J. 1995b . Does privatisation pay? - A reply to Domberger . The Australian Economic Review , 110 : 48 – 49 .
  • Reserve Bank of Australia . 1997 . Privatisation in Australia . Reserve Bank of Australia Bulletin , 7-16 December
  • Ries , I. 1991 . As for the GIO, Nick hopes that life won't be cheap . Australian Financial Review , 18 September : 56
  • Ries , I. 1995 . Off to the market again with the CBA cow . Australian Financial Review , 10 May : 56
  • Thomas , M. 1992 . GIO sale to cut +ACQ-1.8b off deficit . The Australian , 17 July : 2
  • Vickers , J. and Yarrow , G. , eds. 1988 . Privatization, Series on the Regulation of Economic Activity , Vol. 18 , London and Cambridge : MTT Press .
  • Walker , R. 1994 . Privatisation: a re-assessment . Journal of Australian Political Economy , 34 : 27 – 52 .
  • Wright , V. , ed. 1994 . Privatization in Western Europe: Pressures, Problems and Paradoxes , London, New York : Pinter Publishers .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.