Australia banks $2 billion from ‘illegal’ P2P
p2pnet news view | P2P | Politics:- A few weeks ago, I wrote about the possibility of the content industry owning shares in the broadband networks and that if they did – then P2P was merely another distribution channel.
Consider, if you will, the role of the Australian government in P2P file sharing
Telstra claims they have 5,507,000 subscribers of
ABS ASSESSMENT
In considering the issue as to whether and when Telstra moved from a public sector unit to a private sector unit the ABS notes the following: the T3 sale has effectively reduced the Australian Government’s shareholding in Telstra to 17% – this is not sufficient to give it control in terms of determining general corporate policy through the appointment of the majority of directors; the installment nature of the T3 sale means that while investors will have beneficial ownership of the shares in terms of rights to dividend and instructing the trustee how to vote at meetings of shareholders, the shares will be held in trust until payment of the final installment in May 2008; from a statistical perspective the ABS has concluded that the trust is a private sector unit, reflecting the trustees’ obligation to act in the beneficiaries’ interests; for statistical purposes the trustee, Telstra Sale Company Ltd, is a Commonwealth owned company and should be classified for ABS statistical purposes as a public financial corporation; until the Australian Government transfers the balance of its Telstra shares to the Future Fund it retains some element of control through its legislative powers.
Source: http://www.abs.gov.au/Ausstats/abs@.nsf/39433889d406eeb9ca2570610019e9a5/237a2af8771134f1ca25728e007df19d!OpenDocument
In other words, the government owns 17% of a corporation that last year posted revenues of $2,441,287,000 where a substantial amount of that sum must be directly attributable to payments from persons acting in a manner contrary to the Copyright Act under the auspices of the government`s own enacted Safe Harbour Provisions.
But who`s going to notice a lousy (US$) 2 and a half billion?
Tom Koltai – p2pnet
[Koltai is an economist in Sydney Australia. He's been online for 26 years, has run several ISPs and, "lobbied governments in four countries to prevent Internet restrictive usage legislation from being enacted". He says he's a strong believer in P2P, "as being a technological requirement to fully exploit the convergence of telephony with computers and remove the last barriers to human communication and interaction".]
February , 2009
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February 20th, 2009 at 11:02 am
Very insightful.
Made me see things I haven’t before.
Thumbs up for this article.
February 20th, 2009 at 8:29 pm
RE:
Tom Koltai – p2pnet
[Koltai is an economist in Sydney Australia. Heâs been online for 26 years, ”
That would have to be that Tom has been online since 1983…..
Is this correct ???
February 20th, 2009 at 10:52 pm
Well, it says he’s run several ISPs. maybe he’s bigtime old-school, and started out dialing into DARPANET on an acoustic coupler. wargames style.
February 21st, 2009 at 7:08 pm
Um yes, I sent my first email on an AT&T 3B2 using Adam Curry’s newly release UUCP protocol on the 3rd of September, 1983 from my garage “office/den” in Darwin Australia to Kirk@berkely. And it was an acoustic coupler that I rented from Telecom in Oz for $5300 per annum. Top speed was 54 Bits per second (with a tail wind) providing it wasnt raining. (rain shorted the copper in the pits).
Regards,
Tom