If we don't change we will get rolled over by the rest of the world. And that's why we have tried to implement in a number of areas an economic reform agenda. That's why we had to get the Budget into surplus. That's why we had to change our industrial relations system. I think it is an unwise expenditure of that public investment.
Governments are lousy managers of businesses.
They've demonstrated that over the years. And if governments own business operations, in the end you get a conflict of interest. There's a funny idea around you know that if somehow or other Telstra were continually owned by the government there would never be any job redundancies. In between 1991 and 1995 when the old Telecom was a hundred per cent owned by the government, there was 17,000 redundancies. Telecommunications in Australia is changing.