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Coalition welcomes negligible rise in te cost of telecommunications in the year to September.



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Wed, 22nd October 2008 COALITION WELCOMES NEGLIGIBLE RISE IN THE COST OF TELECOMMUNICATIONS IN THE YEAR TO SEPTEMBER

Senator the Hon Nick Minchin Shadow Minister for Broadband, Communications and the Digital Economy Leader of the Opposition in the Senate

The Coalition warmly welcomes the fact that the cost of telecommunications in Australia rose by only 0.2% in the year to September 2008, the Shadow Minister Senator Nick Minchin said today.

The CPI figures released today by the Australian Bureau of Statistics reveal that while the overall Consumer Price Index rose by 5% in the last 12 months, the cost of communications was effectively static, rising only 0.2%.

“This is great news for Australian consumers of telecommunication services”, Senator Minchin said.

“This negligible rise between September 2007 and September 2008 is the great legacy of the previous Coalition Government’s eleven and a half years in office.

“As a result of the actions of the previous Government over the course of its four terms in office, Australians are benefiting from negligible telecommunications price increases compared to the overall rate of inflation.

“This great result demonstrates the competitive nature of the telecommunications market bequeathed to Australia by the Howard Government.

“Maximising consumer benefit should be a primary goal of any Government’s telecommunication policies.

“Today’s CPI figures for telecommunications are proof of the benefits to Australian consumers of the Coalition Government’s telecommunications policies”, Senator Minchin concluded.