"While competition would be expected to deliver efficient outcomes, now may not be the appropriate time for changes that will have further cost implications for the industry, given current market conditions and the magnitude of regulatory change already underway, " said Treasurer Wayne Swan in a statement.
When the coalition came to power, a few targets remained within the policing pledge - promises to treat people with dignity and respect, tobeefficient in answering calls, to spend more time on the beat - but even these have now been ditched.
But we are going to over time transition to ourselves and we will become more energy efficient, which will be good for our national security, it will be good for our economy, it will be good for our environment, it will be good for our future.