Former Federal Energy Minister Martin Ferguson has been caught lying to The Australian, after reportedly claiming that the position he held on privatisation was the same as what he had argued for throughout his political career.

Far from being a consistent position, it is a complete backflip from the speech he delivered at the launch of his parliamentary campaign which savaged privatisation, claimed the sale of power companies led to higher prices, and warned that cheap and equal access to services was best delivered by publicly owned companies.