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July 06, 2003

Telstra: the right idea

Helen Dickie, National Party federal president, has the right idea on Telstra. They've rolled over on privatising Telstra and gone belly up. So the question now becomes one of what to do with the proceeds from the sale.

It's an issue.

Dickie rightly insists that a significant amount should be spent on infrastructure renewal rather than used to retire debt.

It is about time the Nationals found some political courage.They should stand up for their own political interests rather than always meekly subsuming them in the Liberal line to protect the Coalition. They should contest the standard Liberal line that the Telstra proceeds have to be used to retire debt.

The proceeds should be spent on restoring the Murray-Darling Basin to ecological health.

Posted by Gary Sauer-Thompson at July 6, 2003 11:07 AM

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