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Transform Western Power Into Community Investment Corporation – Perth Herald Tribune (Demo)

Western Power, privatisation. WA Labor, WA Liberal Party

On October 8, 2016, the Perth Herald Tribune writes:

When asked by Perth Herald Tribune whether she would be interested in the privatization that would make all of Western-Australians residents shareholders Ms. Skender expressed her interest.
Such privatization is not only possible but also economically efficient. Here is how it would work.
Imagine that the company made investment on behalf of all Western Australian citizens – and by merely registering to vote, or just living in the city, citizens would receive dividends on those investments.
Citizens of Western Australia can transform the Western Power government owned company into a Community Investment Corporation (CIC). This would provide WA citizens with a free equity stake in economic investments made by the CIC.

http://ph-tribune.com/western-power-community-investment-corporation/

This is a concept I have been advocating since the late 1960s. See The Citizens Land Bank: What It Is and Is Not at http://www.cesj.org/resources/articles-index/citizens-land-bank-what-it-is-and-is-not/

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