The incoming government has promised to cut back on red tape, to boost productivity and reduce regulation. Interestingly, the Coalition’s policy paper, released in July, doesn’t mention telecommunications, yet the industry undergoes more regulatory oversight than most.
In this week’s CrossTalk podcast Steve Dalby (iiNet) and Damian Kay (Inabox Group) explain overly prescriptive regulation runs counter to effective competition.
ACCAN Chief Executive Teresa Corbin, agrees there is scope for improvement, but defends the need to protect the consumer in an industry which, she says, has “until recently been in a race to the bottom”.
Chris Chapman, chair of the ACMA, says, when it comes to onerous reporting, outdated legislation is part of the issue. That means fixing the problem isn’t simply a case of going through a few operational processes – it involves revisiting the basics of telecommunications legislation. A big job for somebody – but who is best placed to drive it?
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What price, the last mile?
Telstra is upset about a draft decision from the ACCC that will see other companies paying less to access their last-mile infrastructure. So how is the price arrived at and is it fair.
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A Security Breach is Only a Matter of Time
It seems the more technology lurches forward, the more we need to be concerned about security.
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Services sector slips and rate cut hopes rise
Recent weak US data has sent the equity markets sliding. Yet today, evidence that the downturn is spreading to the services sector has seen shares rise. NAB’s Ray Attrill explains why.
