Telstra Corp.’s former Chief Executive Officer Ziggy Switkowski will act as executive chairman of NBN Co., the Australian government-owned company building a national fiber broadband network in the country.
Australian opposition leader Tony Abbott appointed Malcolm Turnbull , a former Goldman Sachs Group Inc. executive, as communications spokesman and retained Joe Hockey in his treasury role after failing in a bid to govern.
Australia will review its national fiber network as the rollout falls 50 percent behind targets and the new Communications Minister sought resignations from all directors of the government-backed company building the project.
Australia’s Labor government remains committed to putting a price on carbon and developing clean energy even as its emissions-trading legislation heads for failure, Resources Minister Martin Ferguson said today.
Australia’s Liberal-National coalition led by Tony Abbott defeated Prime Minister Kevin Rudd’s Labor party in the Sept. 7 federal election. The following are likely senior members of the next government.