Peter McGauran (Gippsland, National Party, Deputy Leader of the House) Share this | Hansard source

The government, after closely studying Telstra and the share market for the past 18 months, believes its offer in the order of $8 billion in shares will result in a fair price for those shares. Our public commitment has always been that we would not sell Telstra until we could receive an appropriate return for taxpayers. We believe we can get a fair price at this time in this way.

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