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

That was almost creative by Senator Minchin, because he tried to airbrush his support for, his appointment of, Mr Sol Trujillo out of the Hansard. Let me read to the Senate what Senator Minchin had to say just a few months ago on the departure of Mr Trujillo. He said:

Sol has provided strong leadership and vision in transforming Telstra, and has greatly enhanced the company’s profile both domestically and internationally.

Under that same regime appointed, supported and finally endorsed by Senator Minchin, we saw the share price of Telstra collapse from $5.20 to $3.20. That is in the period for which Senator Minchin said, ‘Sol has provided strong leadership.’ You just have to look at today’s newspapers to understand exactly how out of touch Senator Minchin is. There is an editorial in the Australian, and there is comment in the Advertiser, the Daily Telegraph, and the Fin Review. (Time expired)