Contributor(s): Malcolm Turnbull | The world economy is being transformed by the rise of Asia and increasing integration. Accompanying competition and adjustment pressures are a source of anxiety in many of the advanced economies, as are declining weight and influence relative to the emerging economies. But the opportunities and potential upside are larger still, and not just for commodity exporters such as Australia. Malcolm Turnbull is the MP for Wenworth in the Australian parliament and serves as Shadow Minister for Communications and Broadband. He entered parliament in 2004 serving as Parliamentary Secretary to the Prime Minister from 2006 until he was appointed to Cabinet as the Minister for Environment and Water Resources; a position he held until the Federal Election in November 2007. After the election Malcolm was appointed as Shadow Treasurer and following a leadership ballot in September 2008, he was elected by his colleagues to lead the Liberal Party as Leader of the Opposition, a position held until December 2009. Malcolm graduated from Sydney University with a BA LLB. He won a Rhodes Scholarship and completed a further law degree at Oxford. During and after his studies at Sydney University, Malcolm worked as a journalist with the Bulletin, 2SM, TCN 9 and the London Sunday Times. After a successful career in journalism Malcolm began practicing law in 1980. He quickly established a reputation as an effective advocate, most notably when he successfully defended former MI5 agent Peter Wright against the British government, in the "Spycatcher" trial. Malcolm left law for business in 1987 where he has since been responsible for the establishment and success of many Australian businesses. In particular he has been a determined supporter of Australian technology. He co-founded OzEmail in 1994. His software companies have won many awards for exporting Australian technology. In 1997 Malcolm was elected to attend the Australian Constitutional Convention. He led the republican case in that Convention and in the subsequent referendum.