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Wednesday, 11 August 2004
Page: 26243

Senator HARRIS (10:33 PM) —Perhaps I can articulate the question a little clearer, and I am not inferring that Senator Cherry has not been clear. We had the Commonwealth Bank as a statutory body. That has subsequently been privatised. We had Telstra as a statutory body. It has been privatised with a 51 per cent government ownership. We currently have Australia Post as a statutory body. If the government chooses to privatise Australia Post, is there anything in this agreement that prohibits any future Australian government from requiring a 51 per cent government ownership of the private entity?