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Australia - Fifth anniversary of the Telecoms Act (2002)

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Last updated: 24 Jul 2002 Update History

Report Status: Archived

Report Pages: 14

Analyst: Paul Budde


On the first of July 2002 the industry ‘celebrated’ the fifth anniversary of the deregulation of the Australian telecommunications market. Many new service providers operate in the market in 2002, and many call prices have fallen since 1997. Usage has also increased considerable, suggesting that the market forces of demand and supply have met satisfactorily. However, this report takes a more critical review of the industry, including the regulatory environment and the market operators, suggesting that much can still be done. A range of converging sub-sectors are also addressed, including the local loop, broadband, cable TV, digital TV, investments, and of course competition.

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As you know, I have resigned from the Labor Ministry and have decided not to re-contest the seat of Charlton at the next election – both for personal reasons.

Before leaving Parliament, I particularly wish to record my thanks to you for your generous and constructive participation in the deliberations that generated significant economic policy reforms for the Australian community. Continuous economic transformation is a key challenge that faces all Governments.

The development of sound public policy should always be contestable. Ultimately, good and equitable outcomes are not concessions to any particular interest group, but the careful balancing of interests to create the greatest possible benefit for the nation. You have contributed to that, and I sincerely thank you for it.

Greg Combet, Former Minister for Climate Change, Industry and Innovation

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