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

More quotes by 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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I believe politicians should aim to be accurate and truthful in what they say at all times. You can be truthful and inaccurate but what you shouldn't be doing at any time is saying things that are untrue or making commitments that you have no intention of honouring.
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.
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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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
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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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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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I do not believe we can effectively move Australia to a lower emission economy, which is what we need to do if we're going to make a contribution to a global reduction in greenhouse gases, without putting a price on carbon.
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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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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You cannot keep on saying oh, you know, talking about disrespecting women as just being politically correct or it's not a big deal or brushing things off. You've got to be aware of it.
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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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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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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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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All Australians understand that high-quality, reliable and affordable broadband is a critical part of the infrastructure our nation needs to prosper in coming years.
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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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
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To the former child migrants, who came to Australia from a home far away, led to believe this land would be a new beginning, when only to find it was not a beginning, but an end, an end of innocence - we apologise and we are sorry. To the mothers who lost the maternal right to love and care for their child - we apologise, and we are sorry.
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