House debates

Wednesday, 21 October 2009

Telecommunications Legislation Amendment (Competition and Consumer Safeguards) Bill 2009

Second Reading

6:03 pm

Photo of David BradburyDavid Bradbury (Lindsay, Australian Labor Party) Share this | Hansard source

We are here, it seems, just to protect the interests of Telstra shareholders. I think there is a legitimate debate to be had about whether or not these proposals will in fact be detrimental to Telstra shareholders. I think there are some good reasons why Telstra could in the long run become a better company and could deliver better shareholder value as a result of these changes. I will come to that in a moment. That view is not without support amongst those that know a little bit more than the member for Mayo when it comes to valuing shares in the marketplace.

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