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Monday, 27 June 2011

  • Australia Government, Telstra Seal A$11 Billion Broadband Deal

    The Australian government and Telstra Corp. (TLS) Thursday said they have signed definitive agreements that will see the telecoms giant sell its existing fixed copper lines into the country's 36 billion Australian dollar ($37.94 billion) national high-speed broadband network. The agreement marks a key milestone in the development of the largest infrastructure project in Australian history that's expected to deliver the country's largest telco about A$11 billion in compensation over time for handing over its infrastructure.

    It also moves Telstra one step closer to a structural separation of its businesses where its wholesale and retail operations will be split. "Telstra's structural separation is the holy grail of microeconomic reform in the telecommunications sector," Stephen Conroy, minister for communications told reporters, describing the agreement as a "game changer". Australia's ruling center-left Labor party has proposed what it's dubbed the National Broadband Network, or NBN, to make the country's data and mobile phone connections among the world's fastest, transforming it from a relative technology backwater into a high-tech modern economy. To be built over the next eight years, the network has been designed to reach 93% of Australian premises with speeds of 100 megabits per second and the other 7% through satellite at 12 megabits per second. It's not popular with Australia's conservative Liberal-National opposition, which says the network costs too much and wants more private sector investment and they have pledged to unwind the structure. As anticipated, Telstra said it expects to incur cash expenditure to support the arrangements of about A$2 billion including on necessary work on infrastructure and customer migration costs. Given the projected phasing of the network rollout, the impact of these costs on Telstra's financial profile in the 2012 financial year isn't expected to be material, it said. The deal still needs the approval of Australia's competition regulator and Telstra shareholders, scheduled to vote Oct. 18. "The decision to participate was made on the basis that the proposed transaction is expected to provide us with the ability to recover more value for the business than the available alternatives, given the loss of value after the NBN policy announcements," Telstra Chairman Catherine Livingstone said in a statement.


    More information on foxnews.com
    Next links:
    Australian Labor Party , Family First Party , Australian Greens , Country Liberal Party , National Party of Australia , Liberal National Party of Queensland , National Party of Western Australia , Liberal Party of Australia ,

Tuesday, 07 September 2010

Friday, 19 March 2010

  • Politics of Australia

    Australian politician




    Malcolm Turnbull
    Australian politician, the current Leader of the Opposition in the Australian Parliament, and parliamentary leader of the Liberal Party.



    Mark Vaile
    Former Deputy Prime Minister of Australia and former leader of the National Party of Australia.



    Bob Brown
    Australian Senator, the inaugural Parliamentary Leader of the Australian Greens and the first openly gay member of the Parliament of Australia.



    Warren Truss
    Australian politician, and leader of the National Party.



    John Howard
    The Prime Minister of Australia from 11 March 1996 to 3 December 2007.



    Julia Gillard
    The Deputy Prime Minister of Australia and deputy leader of the federal Australian Labor Party (ALP).



    Steve Fielding
    The Victorian Senator and the Federal parliamentary leader of the Family First Party in Australia.



    Barnaby Joyce
    Australian politician - since July 2005 the National Party member of the Australian Senate representing the state of Queensland.



    Kevin Rudd
    The current Prime Minister of Australia and federal leader of the centre-left Australian Labor Party (ALP).




    Australian political parties




    Australian Greens
    Australian Greens is ready for your opinion, support and vote. Vote online NOW!



    Liberal Party of Australia
    Liberal Party of Australia is ready for your opinion, support and vote. Vote online NOW!



    National Party of Australia
    National Party of Australia is ready for your opinion, support and vote. Vote online NOW!



    Australian Labor Party
    Australian Labor Party is ready for your opinion, support and vote. Vote online NOW!



    Family First Party
    Family First Party is ready for your opinion, support and vote. Vote online NOW!



    Interestign topics to discussion




    Popularity Australia - online poll
    I like Australia. And what about you???



    Political situation in Australia - online poll
    Are you satisfied with the political situation in Australia?




    Australian parties
    Australian parties are ready for your opinion, support and vote. Vote online NOW! ElectionsMeter is intended for the world´s public to express personal affections and free opinion of every person towards politics and politicians.

Tuesday, 19 January 2010

  • ANALYSIS-Australia's Rudd faces new opponent, new tactics

    CANBERRA, Dec 4 (Reuters) - Prime Minister Kevin Rudd ends his second year in power facing a new opponent and a changed political outlook, with his government in need of fresh tactics for the 2010 election year.

    In a dramatic past week in Australian politics, Rudd's landmark carbon trade plan was rejected by parliament and the opposition dumped its leader Malcolm Turnbull, who was considered too close to Rudd on climate policy.
    The opposition elected as its new leader social conservative Tony Abbott, a former boxer and Rhodes scholar who once studied for the priesthood, in a move analysts said would sharpen the choice voters face at elections due by late next year.
    More information on reuters.com

Wednesday, 04 November 2009

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