Turnbull cancels on Internet industry
Summary: Federal Opposition Leader Malcolm Turnbull cancelled his planned keynote speech at the Internet Industry Association's Sydney gala last night after being called away for other duties in Canberra.
Federal Opposition Leader Malcolm Turnbull cancelled his planned keynote speech at the Internet Industry Association's Sydney gala last night after being called away for other duties in Canberra.
Opposition Leader Malcolm Turnbull
(Credit: IIA)
Turnbull, who has a long relationship with the internet industry going back to his role as co-founder and former chairman of OzEmail, which he sold for $57 million to WorldCom in 1999, was in Canberra last night witnessing the Senate reject Kevin Rudd's $42 billion fiscal stimulus proposal.
It was a last minute decision, according to IIA CEP Peter Coroneos, who last night reminded attendees in his opening remarks that Turnbull's attention was focused on what was to be the largest appropriation of non-budget expenditure in the country's history. The opposition leader pulled the plug on the event yesterday morning, leaving the IIA without time to find a replacement. He was extremely disappointed, said Coroneos.
Coroneus emphasised that Turnbull's no-show did not mean any loss of faith. He said Turnbull was an "ardent advocate" of Australia's Internet industry and, through his involvement with OzEmail and web hosting outfit WebCentral Group, remained "an icon" in the internet world, beyond his status in politics.
Also notably missing from the IIA gala night was Minister for Communications Broadband and the Digital Economy Stephen Conroy, who had made his debut appearance at the event last year.
The IIA is one of Australia's peak technology bodies, with a broad membership across a number of sectors interested in promoting laws and initiatives which boost the internet as a medium in Australia.
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Talkback
Of course Conroy couldn't come
Conroy no show = self preservation
Be very afraid Mr. Conroy.
destroy telstra
And unless your a business or a fanatical Broad Band user you would be very happy with the Broad Band we now have remember domestic users were getting by with dial up and many still do.
So here we go again the average Australian working Tax Payer funding business yet again a few new hospitals not to mention dental care for pensioners would be nice.
However as mentioned before, other wasteful areas could be trimmed to accommodate the NBN and probably more hospitals too (keeping in mind we currently spend $56.88B per year on health already).
Again... trim the governance fat ($92.86B per year!!!) by just 3.5% per year and in eight years we will have an NBN (according to McKinsey/KPMG). Trim it by 5% and in the same time we would also have an additional 11 hospitals, if the $1b Tony Abbott promised Hobart, is a gauge of cost per hospital.
In all we have a budget of around $300B per year and the NBN will cost a little over 1% per year for 8 years. As an analogy, say you are on $75 000 p.a. it's like you paying $750 per year.
Not really breaking the bank, when you are creating jobs and your final product will have a ROI through clientele and/or can be sold!