ID :
28302
Tue, 11/04/2008 - 14:02
Auther :
Shortlink :
https://oananews.org//node/28302
The shortlink copeid
'Australia able to compete with India and China, says Murdoch
Melbourne, Nov 3 (PTI) Media Mogul and News Corporation chief Rupert Murdoch has dismissed the claims as 'rubbish' which said Australia is ill-prepared for the 21st century and its 21 million strong population could not compete with the burgeoning middle classes of India and China.
Speaking to a strong crowd of about 500 business leaders
and media personalities, Murdoch, an Australia-born US
citizen, expressed his strong feeling for Australians stating
the country meant 'a great deal to him'.
Pointing at growing Indian and Chinese economy, he said
"For most of my lifetime, the people of these great countries
were incarcerated by communism or caste. In sheer numbers, the
emergence of India and China as economic powers and the wealth
that they are creating is accompanied by a rise of a new
middle class."
He said "Over the next 30 years or so two or three
billion people will join this new global middle class. The
world has never seen this kind of advances before. These are
people who are intent on developing their skills, improving
their lives and showing the world what they can do. And they
live right in Australia's neighbourhood," he warned.
"The alarmists will tell you Australia cannot compete
with these nations. That is rubbish. In this new world,
Australia has many advantages. These advantages include being
an open, democratic and multi-racial society, built on the
rule of law."
"We have great resources as a civil society with a
tradition of generosity and support," he said adding "To
compete well and use our human capital to the best, we will
have to draw on these advantages and make our country
stronger."
"That means being less dependent on government, less
complacent about our national institutions, more willing to
accept radical reform, and more trusting in our creativity and
our competence," he said.
Murdoch also warned that Australians were headed in the
wrong direction with their increasing dependency on the
welfare state.
"The pro-business and pro-globalisation approach of the
Prime Minister, Kevin Rudd, was a 'good start', but the
government had to avoid 'institutionalising idleness' and end
'subsidies for people who do well'."
The media billionaire also took a stand on climate
change, urging the government to give the planet "the benefit
of the doubt" and invest heavily in technology for clean
energy, rather than punish its economy by embracing emission
targets "that the rest of the world will never meet".
On national security, he said 'we need to be more than a
reliable partner that the U.S. can call on. N.A.T.O. was
fighting issues well beyond its borders and not every member
was doing their fair share in places such as Afghanistan. "The
only path to reform N.A.T.O. is to expand it to include
nations such as Australia." PTI NC
Speaking to a strong crowd of about 500 business leaders
and media personalities, Murdoch, an Australia-born US
citizen, expressed his strong feeling for Australians stating
the country meant 'a great deal to him'.
Pointing at growing Indian and Chinese economy, he said
"For most of my lifetime, the people of these great countries
were incarcerated by communism or caste. In sheer numbers, the
emergence of India and China as economic powers and the wealth
that they are creating is accompanied by a rise of a new
middle class."
He said "Over the next 30 years or so two or three
billion people will join this new global middle class. The
world has never seen this kind of advances before. These are
people who are intent on developing their skills, improving
their lives and showing the world what they can do. And they
live right in Australia's neighbourhood," he warned.
"The alarmists will tell you Australia cannot compete
with these nations. That is rubbish. In this new world,
Australia has many advantages. These advantages include being
an open, democratic and multi-racial society, built on the
rule of law."
"We have great resources as a civil society with a
tradition of generosity and support," he said adding "To
compete well and use our human capital to the best, we will
have to draw on these advantages and make our country
stronger."
"That means being less dependent on government, less
complacent about our national institutions, more willing to
accept radical reform, and more trusting in our creativity and
our competence," he said.
Murdoch also warned that Australians were headed in the
wrong direction with their increasing dependency on the
welfare state.
"The pro-business and pro-globalisation approach of the
Prime Minister, Kevin Rudd, was a 'good start', but the
government had to avoid 'institutionalising idleness' and end
'subsidies for people who do well'."
The media billionaire also took a stand on climate
change, urging the government to give the planet "the benefit
of the doubt" and invest heavily in technology for clean
energy, rather than punish its economy by embracing emission
targets "that the rest of the world will never meet".
On national security, he said 'we need to be more than a
reliable partner that the U.S. can call on. N.A.T.O. was
fighting issues well beyond its borders and not every member
was doing their fair share in places such as Afghanistan. "The
only path to reform N.A.T.O. is to expand it to include
nations such as Australia." PTI NC
