this post was submitted on 13 Nov 2025
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There's a theory I've seen that it was to help Murdoch and Telstra.
Murdoch and Telstra owned Foxtel. Telstra also owned the HFC cable that Foxtel used to transmit it's pay tv.
Now, Netflix, and online sports viewing was becoming possible and popular via the internet. And with faster internet, everyone would be able to do it. And they wouldn't be locked in to Telstra for fast HFC cable internet, or for Foxtel for it's entertainment or sports content. Foxtel was also under attack from the introduction of Digital Television, which was providing broader content and sports
So, Murdoch and Telstra had 2 problems:
So, how would a government solve to appease these people?
"Sooner, cheaper and more affordably" became later, more expensive and at much higher cost.
It's only 2025 that Murdoch sold out of Foxtel due to a 'strategic review'. An inevitable end that would have come much sooner if not for Turdbull and Abutt.