Kevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source

So I am fully endorsing the member for Higgins in this particular observation that the ACCC is an independent regulator and, as I have just said, falls within the Treasurer’s portfolio. It is not a minor matter. It is not an agency staffed with people who are not up to the task. In fact it has the range of expertise unique in the areas of access and pricing. This is quoting exactly what your economic hero the former Treasurer had to say about this particular body. Furthermore, in the subsequent econometric modelling which has been put out by the ACCC today, I draw again to the attention of honourable members the conclusion at the end of this document. I notice that they are not making any questions on the basis of this document because it is so definitive—

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