Helen Coonan (NSW, Liberal Party, Minister for Communications, Information Technology and the Arts) Share this | Hansard source

You are right, Senator Ferguson—it was from someone he knows well; it was from Mr Simon Crean. Unfortunately, the opposition, by and large, retain a very outdated approach to media ownership. They want to restrict investment and the expansion of the Australian media sector and favour foreign investment over diversified investment by Australian investors. This horse and buggy approach to the media ignores diversity and the opportunity delivered by the internet and new technologies. The government is committed to reforming Australia’s media industry while protecting public diversity in one of the fastest growing areas of the Australian economy.