Senate debates

Tuesday, 15 August 2006

Questions without Notice

Telstra

2:36 pm

Photo of Ruth WebberRuth Webber (WA, Australian Labor Party) Share this | Hansard source

My question is to Senator Minchin, Minister for Finance and Administration. Can the minister confirm that UBS Australia, Caliburn Partnership, ABN AMRO Rothschild, Goldman Sachs JBWere, Gavin Anderson, DBM, Econtech, Freehills and Sparke Helmore have all been appointed by the government as consultants to the Telstra sale? Can the minister advise how much these lawyers and bankers have been paid by taxpayers to come up with the decision to dump the rest of Telstra into the Future Fund? Does the minister intend to ask these bankers and lawyers for a refund on behalf of the 1.6 million Telstra shareholders who will see their investment in Telstra damaged as a result of this anti-shareholder proposal?

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