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Nats may get their $2b for rural comms |
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by Stuart Corner
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Saturday, 10 September 2005 |
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According to the Australian Financial Review, senior federal government
ministers are willing to deliver the Nationals a $2 billion regional
telecommunications fund and impose tough conditions on Telstra's
operations to secure support for legislation on the $32 billion Telstra
privatisation. However the report said that prime minister, John
Howard, and senior ministers were unlikely to countenance an amount
much larger than $2 billion and were "working on proposals to ensure
future governments can only spend the fund's investment earnings
expected to be about $100 million a year and not its capital."
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Telecommunications 
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