This paper was developed for PSI by Dr. Anis Chowdhury, former Director of Macroeconomic Policy and Development Division & Statistics Division, UN Economic and Social Commission for Asia and the Pacific (UN-ESCAP). It was presented to the Select Committee on the Privatisation of Public Services in South Australia on Monday, 16 August 2021, where PSI appeared alongside affiliates the Australian Nursing and Midwifery Federation (SA Branch).