Economic liberalisation emerged

Seminar paper from the year 2011 in the subject Business economics - Economic Policy, grade: B, King`s College London, language: English, abstract: Economic liberalisation emerged when the union density in Australia declined and it was declared as a political ideology form. The new emergence also denoted New Right or neo-liberalism, favours both individualism and market. New Right policy was prescribed by the government of Australia in order to deregulate the controls upon pricing, finance and production as well as to corporatize and privatise the public services. Competitive health, welfare and education provisions were promoted by the governments and they even marketised varied forms of public services. The policies have been incorporated to provide market freedoms. New Right ideologies and policies are not in favour of collectivism upon which various unionism types are based.