NEWSFLASH! In September I will join The Conversation as its Business and Economy Editor. I have been honoured to work at The Age for the past ten years, originally alongside the legendry Tim Colebatch, and for the past four years as economics editor in my own right.

At The Conversation, my job will be to make the best thinking from Australia's 40 univerisites accessible to the widest possible audience. That means you. From the new year I will also write a weekly column.

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I'll continue to post great things from The Conversation and other places here, and also on Twitter and Facebook. Enjoy.

Saturday, May 01, 2010

Turnbull's back!!!


Former Liberal leader Malcolm Turnbull has stepped back into the political fray savaging Kevin Rudd’s position on the emissions trading scheme as ‘‘the greatest act of political gutlessness anyone has ever seen’’.

Mr Turnbull said his decision to recontest his eastern Sydney seat of Wentworth at this year’s election was sparked by the ‘‘extraordinary conduct of the Rudd government’’, in particular the prime minister’s recent decision to shelve the emissions trading scheme.

‘‘He does not have the courage of his convictions, he has walked away from his climate change policy and he now has no climate change policy at all,’’ Mr Turnbull said, describing Mr Rudd’s decision as ‘‘the greatest act of political gutlessness anyone has ever seen’’.

‘‘I believe political leaders have to have guts and have to have courage and that is the reason I am stepping back into the fray and running again here in Wentworth.’’

Mr Turnbull said he stands by his support for the emissions trading scheme, which led to him losing the party’s leadership to Tony Abbott last December.

‘‘I will always make the case for an emissions trading scheme but I cannot always guarantee I will carry the day,’’ Mr Turnbull said.

‘‘People know what I stand for, but the party has a policy.’’

Mr Turnbull said Mr Abbot had been ‘‘very supportive’’ of his decision to remain in politics.

However, he said he does not anticipate a return to the opposition front bench before the next election.

‘‘(Mr Abbott) has made some remarks publicly about possible future roles for me after the election, but I leave that to him,’’ Mr Turnbull said in Sydney today.