Joe Ludwig (Queensland, Australian Labor Party, Manager of Government Business in the Senate) Share this | Hansard source

In addition, the ACCC have an eight-week minimum period to examine the agreement. This includes a period of public consultation. Both the government and Telstra have indicated that the definitive agreement, once settled, will be reviewed by respective independent experts before being put to final shareholder approval. The Corporations Law requires notification of all shareholders. The preparation of documents and minimum legal requirements require eight weeks to proceed. This period cannot, of course, begin until the ACCC has endorsed the proposed agreement. Telstra have recently postponed the EGM from 1 July, the date they originally announced for shareholders to consider the agreement. This continued uncertainty is causing concerns for Telstra’s one-million-plus shareholders. This is about ensuring we provide shareholder clarity around the future of this company. In the longer term—