If you want proof of how badly the Gillard Government is managing Australia’s broadband rollout, you just need to look across the Tasman.
In November 2008, the Key government came to power in New Zealand promising to spend NZD 1.5 billion on a new broadband network (on current exchange rates, around AUD 1.2 billion.)
JULIA Gillard's speech to the Energy Policy Institute last week sought to blame increasing electricity prices on greedy state governments and hence shift blame away from the carbon tax. It was an odd argument for her to make. For one thing, the carbon tax is specifically designed to increase electricity prices, by making carbon-intensive activities (such as producing electricity from coal-fired generators) relatively more expensive.
The housing affordability problem has stimulated many policy responses over the years, as the cost of gaining a toehold on the property ladder has risen higher and higher.
From the 1960s until the 1980s, real (that is, inflation adjusted) house prices closely tracked growth in real average weekly earnings, according to a recent paper by the Sydney University economist Judith Yates.
When Stephen Conroy and Kevin Rudd announced the NBN in April 2009, they promised that it would be “operated on a commercial basis… and involve private sector investment.”
In mid-2010 Conroy abandoned the commitment to private sector investment – after receiving advice in the McKinsey-KPMG Implementation Study that private investors would regard the project as too risky and hence taxpayers would need to provide one hundred per cent of the equity.
You expect a competition regulator to make decisions that promote competition. Last week the Australian Competition and Consumer Commission did the opposite, approving a deal between Optus and the government-owned NBN Co, under which NBN Co will pay Optus $100 million and Optus will cease serving customers on its cable broadband network.
The Fair Work Australia report into the Health Services Union reveals a union culture in which normal standards of governance are largely ignored. But it is not just union members whoare affected. There is a direct link between unions and the superannuation savings of millions of Australians. The deeply flawed governance arrangements put in place by the Keating government allow union officials a privileged place in running super funds.
Labor has fallen far short of its lofty ambition.
Stephen Conroy's Five Years of Broadband Failure
From Federal Liberal MP Paul Fletcher
Superannuation Minister Bill Shorten was dismissive of recent comments by Tony Abbott about corporate governance in the superannuation sector: "He only shows an interest in super when he uses it to chase union bogeymen."
JULIA Gillard told the parliament yesterday that her government had achieved the structural separation of Telstra. That is a deeply misleading statement. Far from separation being achieved, all that has happened is that the Australian Competition 8z.