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

The question is based on a false premise. You have actually just seriously verballed me, Senator Milne. That is one of the problems with pre-writing your question. I did not at all say that we would be doing nothing. Do not come into this chamber and claim we are going to do nothing. I have indicated for some time that we are considering a number of matters and I said we would have a number of announcements. Let me just make the point that the Constitution of Australia does not allow you unilaterally to reach back and make people un-invest. Any law change would be prospective, so the argument that we should somehow reach back and undo what Ms Rinehart has legally done is not going to fly in this chamber, it is not going to fly in the other chamber and it will not fly in the broader community. We will make some announcements after we have given considered— (Time expired)