Greiner and Fischer take to the Net
Summary Description Both federal MP Tim Fischer and former NSW premier Nick Greiner today announced directorships with Internet companies.
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Roullas Top10 Simon Vandore

Newswire
No


Editorial InformationArticle Location http://www.newswire.com.au/0002/polit.htm
Article Topic Ecommerce, Personnel
Story Order
Story Group 000213
Post Date 11/02/2000 03:35 PM Status Posted Entered by Simon Vandore on 11/02/2000 01:07 PM


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Content
Introduction
Two big names in conservative politics today announced directorships with emerging Internet companies.

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Former deputy prime minister Tim Fischer will join his National Party leadership predecessor Charles Blunt as a director of Australian Business Technologies (ABT), which aims to provide high-bandwidth Internet services to regional Australia. Blunt has been announced as the new chairperson of ABT.
ABT recently made headlines when Maxis (formerly known as Capital Energy, an oil and gas company) announced it would buy the 15-year-old company for $70 million (see story). The investment is still subject to the approval of Maxis shareholders at a general meeting to be scheduled shortly. Blunt, Fischer and other ABT executives are expected to join the Maxis board. ABT's rural bandwidth services are provided through its subsidiary Heartland Communications.
Fischer is still a sitting federal MP and must announce his directorship to the registrar of members' interests. However, 10 days ago he announced his intention to give up his seat of Farrer at the next federal election. He described the ABT directorship as 'yet another hat' to wear, but said he would carefully limit his total number of 'hats'.
Meanwhile, ex-NSW premier Nick Greiner resigned from the Coles Myer board this morning following rumours that he was in negotiations with online retailer dstore to become its chairperson. This appointment has been confirmed by dstore and Greiner will discuss his move 'from retailing to etailing' at a press conference in Melbourne this afternoon.
A joint venture between LookSmart Australia and companies such as Rebel Sport and the Sussan chain of clothing shops, dstore was launched late last year as an online department store. It will eventually offer groceries and other items in competition with retail giants such as Coles Myer and Woolworths.


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Bulletin SummaryGreiner and Fischer take to the Net
Two big names in conservative politics today announced directorships with emerging Internet companies. Former deputy prime minister Tim Fischer will join his National Party leadership predecessor Charles Blunt as a director of Australian Business Technologies (ABT), which aims to provide high-bandwidth Internet services to regional Australia. Blunt has been announced as the new chairperson of ABT. Meanwhile, ex-NSW premier Nick Greiner resigned from the Coles Myer board this morning following rumours that he was in negotiations with online retailer dstore to become its chairperson. This appointment has been confirmed by dstore and Greiner was due to discuss his move 'from retailing to etailing' at a press conference in Melbourne this afternoon.

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Greiner/Fischer take to Net

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