Stephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Opposition in the Senate) Share this | Hansard source

Mr President, I ask a supplementary question. Given that the minister for communications does not think that Telstra is a good investment and that the government may have to sack the Telstra board, how does the minister think that he can possibly convince small investors—many of whom were burnt in T2—to buy shares in T3? Haven’t 1.6 million shareholders already seen the value of their shares collapse by over 50 per cent on your watch? Will the minister also take this opportunity to instruct Senator Coonan to stop undermining his job of trying to generate some confidence in a retail offering of Telstra? Why are you letting her out in public?