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

I thank Senator Minchin for his question again. The positioning that is taking place is not a surprise to anyone in this sector. This is a sector where, on the one hand, one potential bidder says, ‘If we don’t get this regulatory guarantee right now, we’re not going to put in a bid.’ On the other hand, one of the other potential bidders will say, ‘If you have that regulatory system we will not bid either.’ What we have here—as those opposite well know—