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Global - Analysis - Government telco policies to kick-start the economy

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Last updated: 29 Jan 2009 Update History

Report Status: Archived

Report Pages: 13

Analyst: Paul Budde

Synopsis

Archived report. This report was archived in 2009 and has not been updated since. The financial crisis has focused global attention on new infrastructure developments. This report contains a case study on how Australia has started this process and it is now finding itself at the forefront of government investments in the development of the new infrastructure necessary to help stimulate the economy. Open access infrastructure provides the best way forward as it creates a multiplier effect that will assist developments in healthcare, education, energy and the environment, as well as in Internet and digital media. Government and industry needs to develop a trans-sectoral vision, aimed at convincing other sectors that an open network will give them the tools to save money and improve their service. At the same time this multiplier effect increases overall GDP by 1-2% and will create new jobs.

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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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