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Australia - Media Politics

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Last updated: 17 Feb 2006 Update History

Report Status: Archived

Report Pages: 9

Synopsis

Government policies have allowed for both Telstra and the media companies to built vertically integrated monopolistic structures. Telstra has successfully eliminated the threat of competition in the telco market. The broadcasting market is much weaker and is in self-destruct mode. The ongoing Channel Seven court case is showing the very ugly sides of these monopolies. In 2005 and 2006 Telstra launched its vicious attack on the government and has put strategies in place to wind back any competitive structures it had in place (wholesale) and also wants a further monopoly for its FttN network. The government’s media reforms have fizzled out. While the company lost that battle, it continues the war.

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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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