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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
Come
Arguments
Believe
Sovereign
Time
Fund
Australia
Argument
Balance
Wealth
Create
Weighing

More quotes by Malcolm Turnbull

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My commitment to the Republican movement was pure and simply patriotism, a love of Australia... a desire or passion that all of our national symbols should be unequivocally and unambiguously Australian.
Malcolm Turnbull
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People invest in companies in order to get a share of the profit that company will make. If the Government increases its share of the profits, potential profits, at the expense of the owners of the company, the shareholders, then that makes investment in that company less attractive.
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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.
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I love radio - its immediacy and especially its intimacy... it is part of your life, whispering into your ear. You can't see it, but equally importantly it can't see you.
Malcolm Turnbull
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you cannot maintain popular support for immigration policy, multiculturalism, unless you can control your borders.
Malcolm Turnbull
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The biggest review of taxation ever undertaken in this country, is now dead in the water.
Malcolm Turnbull
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The Liberal Party is and always has been an amalgam between the conservative and the liberal with a small L traditions. And so from time to time people will see it emphasising one more than the other. I think it is genuinely an amalgam between the two.
Malcolm Turnbull
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While our energy efficiency is improving, there is a very high correlation, almost near perfect correlation, between GDP growth, and energy usage.
Malcolm Turnbull
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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
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We will certainly have to rethink the way in which we design and protect places where large numbers of Australians and indeed this will happen around the world.
Malcolm Turnbull
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People learn from failure or from lack of success.
Malcolm Turnbull
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China and India will take the global leadership on climate change: they are suffering for it.
Malcolm Turnbull
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This is a very tough business, politics. It's easy to get resentful or full of bitterness ... (but) I think hatred hurts the hater more than the hated. So I'm looking back on my time positively.
Malcolm Turnbull
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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
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We are already experiencing the symptoms of climate change, especially with a hotter and drier climate in southern Australia - the rush to construct desalination plants is an expensive testament to that.
Malcolm Turnbull
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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
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Are not the gays who seek the right to marry, to formalise their commitment to each other, holding up a mirror to heterosexuals who are marrying less frequently and divorcing more often?
Malcolm Turnbull
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You've got to remember that it's a two horse race. So when the Government is doing badly the Opposition is doing better and vice versa.
Malcolm Turnbull
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Look at countries like China, they are determined to dominate all clean technology areas, putting lots of money into wind, solar, electric vehicles and battery storage. America's political impotence, caused by their terrible partisanship, will see them left behind.
Malcolm Turnbull
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What you've got to do is recognize that you don't control everything for a start, you've got to play the cards you're dealt, the hand of cards you're dealt, as best you can, and that's what I always seek to do.
Malcolm Turnbull