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Thursday, August 12, 2010

'FREE' MARKET

Broadband a "no regrets" investment: World Bank

In the face of renewed economic turmoil in Europe and uncertainty of the pace of recovery in North America, Dr Tim Kelly told Computerworld Australia it would be prudent economic policy to forge ahead with expensive infrastructure spending like that of Australia's broadband plan.

“In principle, yes,” Kelly said in an emailed response. “It would send the wrong signal to the markets to back track on existing commitments to stimulus expenditure.”

[This 'free market' doesn't sound too free.]

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