Australia’s Liberal-National coalition plans to build a national broadband network for A$30 billion ($31 billion) and connect all households to high-speed internet by 2016 if it wins government in elections Sept. 14.
Malcolm Turnbull, Australia’s former opposition leader who announced plans last month to retire from parliament, has reversed his decision and said he will contest his Sydney seat at the next election.
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 is set for its longest election campaign, with Prime Minister Julia Gillard counting on a record of growth and low unemployment to overcome a shortfall in support for her minority Labor government since March 2011.
Australian Prime Minister Julia Gillard carries about a 2-to-1 advantage of support among the 103-member Labor caucus heading into today’s leadership ballot against her predecessor Kevin Rudd, according to weekend tallies of lawmakers by the Australian and Age newspapers.