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

More quotes by Malcolm Turnbull

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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
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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.
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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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Many Liberals are rightly dismayed that on this vital issue of climate change we are not simply without a policy, without any prospect of having a credible policy but we are now without integrity. We have given our opponents the irrefutable, undeniable evidence that we cannot be trusted.
Malcolm Turnbull
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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
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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
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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.
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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.
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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
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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
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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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Mitt Romney speaking to a $50,000-a-plate Republican fundraiser says he doesn't have to worry about the 47 per cent of Americans who don't pay tax. He was not counting on the smart phone recording his speech and then posting it on YouTube.
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 learn from failure or from lack of success.
Malcolm Turnbull
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Americans understand that they have no stronger ally, no better friend, than Australia.
Malcolm Turnbull
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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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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
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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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You will never find a better friend to the United States than Australia.
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