Malcolm Turnbull (Wentworth, Liberal Party, Minister for Communications) Share this | Hansard source

I thank the honourable member for his question. The telecommunications and media sectors are, of course, among the most innovative parts of our economy—innovation at an accelerating pace—but they are also the most regulated. Over the years governments have imposed red tape and regulations on the telco and media sectors and the broadcasting sector and then, as technologies have changed, have tended to add more regulation rather than pruning back that which was already there. The previous minister for communications, and I am obviously not referring to the member for Grayndler, who was minister for communications during what he often describes as the 'short golden age' of just a few weeks—

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