Tuesday, September 7, 2010

Well that is it has been decided.

Well it seems like a long while that the election was held (it was only 16 days) and today we have government.  First to say - boy didn't I get that wrong, but, I think this is a great result.  Much better than a clear result for either side.

For me I am pleased, the one real point of difference between both parties was the NBN and I believe this is a important piece of infrastructure, with this result it will become reality.  It was interesting and good to see that this was important to all independents, it was a pity that the Coalition decided to march in lockstep against this.  I doubt that by the time they win government again that they will be able to stop it, even if it comes as early as the next term.  

It was by coincidence that I was a BIS Shrapnel conference today, very interesting they pointed out just how beneficial government spending has been in preventing Australia from going into recession and were surprised by the fact that Labor didn't make more of it at the election.

Whilst I think that the Labor party has run the economy well, it certainly didn't govern very well.  I thought that its failure of conviction to go to a double dissolution over the CPRS was more than disappointing.  They presided over an abuse of question time that made the Howard government look open.  By focusing on staying on message they lost purpose.

I am excited to see the changes that will be made to the parliament and I congratulate the independents on making this reform the most essential part of their negotiations and by getting bipartisan support for them.

At lunch today a number of people said that it will all fall apart,  not me I am idealist and believe that this government will run full term.  Time will tell.

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