Quote

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

Change background

T
T
T

Change font

TAGS & TOPICS

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
Opportunity
Idea
Money
Else
Ideas
Economics
Important
Concepts
Something
Cost
Spend

More quotes by Malcolm Turnbull

Image
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
Image
People learn from failure or from lack of success.
Malcolm Turnbull
Image
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
Image
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
Image
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
Image
Americans understand that they have no stronger ally, no better friend, than Australia.
Malcolm Turnbull
Image
On balance, after weighing the arguments, I believe that the time has come for Australia to create a new sovereign wealth fund.
Malcolm Turnbull
Image
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
Image
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
Image
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
Image
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
Image
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
Image
China and India will take the global leadership on climate change: they are suffering for it.
Malcolm Turnbull
Image
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
Image
I've always been prepared to put my money where my mouth is.
Malcolm Turnbull
Image
The biggest review of taxation ever undertaken in this country, is now dead in the water.
Malcolm Turnbull
Image
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
Image
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
Image
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
Image
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