CPSU National Secretary Stephen Jones today welcomed the ALP’s $4.7 billion broadband plan and Kevin Rudd’s guarantee to cover future public service superannuation liabilities.
A future Labor government would finance it through the $2 billion Communications Fund and the Future Fund's 17% stake in Telstra.
The plan also includes a similar investment from a company such as Telstra or Optus, bringing the total outlay to around $8 billion.
It would connect 98% of Australians at more than 40 times present speeds.
"This will help build and strengthen the economy and create employment throughout the country," said Mr Jones.
"For far too long Australia has lagged behind other developed countries in bandwidth. The ALP's plan to build a high-speed network will redress this imbalance and help ensure economic prosperity long beyond the resources boom.
"This is the sort of forward thinking plan that has been sorely lacking from government. And, as high users of information technology services both at work and home, CPSU members will greatly benefit from this plan," said Mr Jones.
Mr Jones also welcomed Kevin Rudd's guarantee that the retirement provisions for public servants are fully protected.
"The CPSU is satisfied that public service superannuation liabilities will be fully met under the Future Fund and that the money invested in the broadband plan will benefit the whole country and economy. This is a plan with nation building at its core. It should be supported by all sides of politics," said Mr Jones.
More information: Public super 'covered' in $4.7bn broadband plan from The Australian.
Click below to have your say.
A future Labor government would finance it through the $2 billion Communications Fund and the Future Fund's 17% stake in Telstra.
The plan also includes a similar investment from a company such as Telstra or Optus, bringing the total outlay to around $8 billion.
It would connect 98% of Australians at more than 40 times present speeds.
"This will help build and strengthen the economy and create employment throughout the country," said Mr Jones.
"For far too long Australia has lagged behind other developed countries in bandwidth. The ALP's plan to build a high-speed network will redress this imbalance and help ensure economic prosperity long beyond the resources boom.
"This is the sort of forward thinking plan that has been sorely lacking from government. And, as high users of information technology services both at work and home, CPSU members will greatly benefit from this plan," said Mr Jones.
Mr Jones also welcomed Kevin Rudd's guarantee that the retirement provisions for public servants are fully protected.
"The CPSU is satisfied that public service superannuation liabilities will be fully met under the Future Fund and that the money invested in the broadband plan will benefit the whole country and economy. This is a plan with nation building at its core. It should be supported by all sides of politics," said Mr Jones.
More information: Public super 'covered' in $4.7bn broadband plan from The Australian.
Click below to have your say.
