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On balance, after weighing the arguments, I believe that the time has come for Australia to create a new sovereign wealth fund.
Malcolm Turnbull
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Malcolm Turnbull
Age: 70
Born: 1954
Born: October 24
Barrister
Entrepreneur
Investment Banker
Journalist
Member Of The Australian Parliament
Politician
Sydney
NSW
Malcolm Bligh Turnbull
Wealth
Create
Weighing
Come
Arguments
Believe
Sovereign
Time
Fund
Australia
Argument
Balance
More quotes by Malcolm Turnbull
Broadcasters or politicians or writers who think that they are respecting Struggle Street, the battlers, by dumbing things down into one-line sound bites are not respecting them, they are treating them with contempt. It's our job above all in politics to tackle the big issues and to explain them.
Malcolm Turnbull
Newspapers are busily experimenting with different models. Traditionally, and I suspect in hindsight very mistakenly, online news was free. And once given free access readers felt it was their entitlement.
Malcolm Turnbull
You will never find a better friend to the United States than Australia.
Malcolm Turnbull
While our energy efficiency is improving, there is a very high correlation, almost near perfect correlation, between GDP growth, and energy usage.
Malcolm Turnbull
In economics, one of the most important concepts is 'opportunity cost' - the idea that once you spend your money on something, you can't spend it again on something else.
Malcolm Turnbull
China and India will take the global leadership on climate change: they are suffering for it.
Malcolm Turnbull
I've been around in public life for a long time. I think people know what I stand for. They know that I have strong convictions, committed principles and I'm prepared to stand up for them.
Malcolm Turnbull
In terms of our region, what we need to ensure is that the rise of China [is] conducted in a manner that does not disturb the security and the relative harmony of the region upon which China's prosperity depends. Now - now, that requires careful diplomacy, it requires balancing.
Malcolm Turnbull
It is unmanly. It is not some expression of macho virtue. It is the absolute antithesis of this. Real men don't bully women and children. Respect for women ... is so important.
Malcolm Turnbull
Government will not nominate the former Labor prime minister [Kevin Rudd] to be the UN's next secretary-general.
Malcolm Turnbull
Honest people, knowledgeable people, really well-informed people can have very different views about what the right measures are on national security.
Malcolm Turnbull
I believe that politicians should speak the truth all the time. Invariably there will be occasions when you make statements that are factually incorrect due to an error.
Malcolm Turnbull
I'm sick of the cover-ups, I'm sick of the lies, and so are the bloody veterans, that come out daily of the department's mouth.
Malcolm Turnbull
If consulted by friends about marital dramas, I always encourage the singles to marry, the married to stick together, the neglectful and wayward to renew their loving commitment and the wronged to forgive.
Malcolm Turnbull
I have always been generous because I know that I have done well in life and I believe it is part of my duty to give back. So I am always been philanthropic.
Malcolm Turnbull
Americans understand that they have no stronger ally, no better friend, than Australia.
Malcolm Turnbull
The only reason to be in politics is public service. There's no other reason. Frankly, if that's the best job you can get in terms of money, that's too bad, you know. Because frankly, it's not well paid, everyone knows that. So for most people it's a big sacrifice.
Malcolm Turnbull
Governments enjoying surpluses have a very strong temptation to splash money around, and while tax cuts are always appealing, cutting taxes at the top of a boom runs the real risk of creating a structural deficit when the boom subsides.
Malcolm Turnbull
There is a tendency to try to dumb everything down and turn everything into a one-paragraph press release or even less, just a slogan.
Malcolm Turnbull
you cannot maintain popular support for immigration policy, multiculturalism, unless you can control your borders.
Malcolm Turnbull