I know Telstra cops a lot of flack and there might be some things going on that I don’t see, but I want to put something square in your mind when you think of Telstra.
“When you think of Telstra, Think of the future of Australia and Your wallet.”
Why is Telstra crucial to your future?
Where do the profits of Telstra go?
Telstra is 83% owned by the Australian public = You and me.
The other 17% = The Australian government.
So when Telstra makes profits where does it go?
To Australians in the form of dividends cheques and to the Australian Government’s Future fund which will provide superannuation and pensions for Australia’s public servants. In other words it stays in Australia.
So what?
Well if Optus owned our broadband network this would mean that that would earn more profits. Where would that money go? To Singapore. So Singapore would own our broadband network. Do you want the Singaporians to own more of Australia and the backbone of the future of our economy “The Internet”?
I still don’t care?
Well if you don’t want to get paid more healthy dividends cheques from Telstra then give the network to Singapore. Also if you want more service contracts to be outsourced to Singapore, give it to Optus.
Telstra = Your Wallet and The Future of Australia
Fred and Politics
I am the last person on earth to be a politician but because the internet is my friend I feel very strongly about this.
Tags: internet Australia, national broadband network, telstra
January 12th, 2009 by Frank Restuccia
Well said Fred. It is a shame that politics got involved in this at all. Although it is naive to think that it wouldn’t. I would have liked to have seen an Independent panel of suitable candidates (as conflict free/bipartisan as possible) set up to decide upon this. Unfortunately, the process became a power struggle and if it doesn’t go to Telstra then we will be poorer as a nation for it.
January 13th, 2009 by Ed
I hear you… However, if Telstra were dumb enough to only put in a 13 page submission to the largest telecommunications contract in the last decade or so, then I am not sure that they are capable of completing the job that is required…
Keeping money in Australia for Australian’s is very important, but I believe this has to be weighed up against getting the right people to complete the best job. This national broadband network is the cornerstone of Australia’s economic growth. Is it safe to leave such a large responsibility in the hands of an organisation that can not even submit a complete proposal?
Just food for thought
January 27th, 2009 by BJ
Yes, but hopefully the people responsible for writting and submitting the proposal are not responsible for making the network. Don’t punish the ‘nation’ for the inadequacies of those few people.
Yes, we want the best network possible tho, and hopefully Telstra are able to provide this or at least close enough so we don’t lose the profits overseas.