I like how the Attorney-General's Department expect the Industry to foot the bill for the retention of data and the process required in order to do so as well as the storage required.
The whole "We want to make Internet use in Australia more secure, but... We want you to retain private information, pay for it, store it and manage it" statement is so rude and a joke!.
I like how they don't want to spend any money on storing the retained data in a Government controlled central location, I agree in not keeping one's eggs in a single basket but I think they should at least play some sort of role seeming as it is their legislation that they want to introduce.