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

I thank the honourable member for his question. The Intergenerational report, through every page, cries out for innovation, for science, for technology and for productivity. The reality is, if we are to win the opportunities that the future offers us and seize the future in the optimistic way the Treasurer has described—as the government describes—then we need to be able to embrace the future. We need to be able to embrace volatility. Volatility has to be our friend not our enemy.

The future is not something we proof ourselves against. It is something we embrace. To do that, we need to be nimble; we need to be agile. We must never approach problems in a rigid, ideological way harking back to the past. The NBN is a classic example. We have been focused from the outset on what the customer needs. What does the customer need? Very good broadband. What technology should be used? Whatever technology is most cost-effective at the time—

Ms Ryan interjecting—

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