Senate debates

Friday, 26 November 2010

Telecommunications Legislation Amendment (Competition and Consumer Safeguards) Bill 2010

In Committee

9:44 am

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

Senator Xenophon, we have been consulting with ACMA over the last six months about the process of the auction. A range of auction methods have been used around the world. Some have been widely criticised; some have been less effective. ACMA may have been doing extensive research on this. If you are genuinely interested, I would be happy to talk to ACMA. They have not finalised their position, but they could certainly give you a flavour of the complexities involved and the types of processes. I know that, deep down, you are a bit of a geek, Senator Xenophon, so I would be happy to see whether I could facilitate some information for you on that process. That auction process is absolutely designed to maximise the outcome for taxpayers of a very valuable resource.

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