Senate debates

Monday, 9 October 2006

Questions without Notice

Telstra

2:50 pm

Photo of Helen CoonanHelen Coonan (NSW, Liberal Party, Minister for Communications, Information Technology and the Arts) Share this | Hansard source

I thank Senator Wong for the question but, my goodness me, Senator Wong is drawing a pretty long bow. ASIC has signed off on the prospectus. Clearly the prospectus complies with ASIC’s view as to what are appropriate regulatory conclusions. The important thing about this, from what we have seen today with this disgraceful attack on Mr Cousins by the Labor Party, is that they seriously do not have much to say about T3, the prospectus and, indeed, this government’s move to get T3 away. We know that the Labor Party have always opposed the privatisation of Telstra. They have opposed it on every occasion—T1, T2 and T3. This government has got the ticker to get on with it. We know that Mr Beazley was prepared to privatise everything that moved; anything not nailed down to the floor—(Time expired)

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