Senate debates

Thursday, 4 December 2008

Nation-Building Funds Bill 2008; Nation-Building Funds (Consequential Amendments) Bill 2008; Coag Reform Fund Bill 2008

In Committee

1:35 pm

Photo of Nick XenophonNick Xenophon (SA, Independent) Share this | Hansard source

I have some questions to ask of both the mover of these amendments and of Senator Sherry on behalf of the government. As I understand it, the $2 billion Communications Fund was set up by the coalition. I think it was supported by the Labor Party. And that fund arose out of the proceeds of the sale of Telstra—something I would have opposed if I had been in this place. But that is another debate that has been and gone. We would not have had this problem if it had not been sold. Be that as it may—

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