21 Mar 2007

Murdoch looks like getting what he paid for from Kevin Rudd, with Kev promising to splurge big on broadband (story). Non-business interests shouldn't get too excited: while faster broadband is good for a lot of people, Rudd's plan invokes public-private partnerships (read taxpayer subsidise for corporate profits) and taking money from the Telstra Future Fund (read privatisation of existing telecommunications infrastructure, to subsidise coroporate profits).