Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-95

I wouldn’t stress about it at all. Based on 30 years of selling IT to the Federal Government I see no real changes affecting TNT. - IT security is what matters to TNT, not big boy toys or extra boots. It’s a world wide problem and I don’t see any credible government not doing what it can to make the nation and businesses safer. Policy like that doesn’t get dumped.

The Hawke Government spent enormously on IT systems to make the public service more efficient.