Snowy Hydro Limited Sale



About this Item
SubjectsElectricity; Privatisation; Stock Exchange
SpeakersSpeaker; Stoner Mr Andrew; Iemma Mr Morris
BusinessQuestions Without Notice


    SNOWY HYDRO LIMITED SALE
Page: 308


    Mr ANDREW STONER: My question is directed to the Premier. As the honourable member for Monaro is closely aware of the details of the float of the Snowy Hydro, and today admitted he is registered for the float prospectus and is considering buying shares, will the Premier inform the House how many other Labor—

    Mr Gerard Martin: That's a lie!

    Mr ANDREW STONER: Do you want the transcript, dopey? Will the Premier inform the House how many other members of the Government intend buying shares in Snowy Hydro in view of a potential conflict of interest?

    Mr MORRIS IEMMA: He did not say that at all.

    Mr ANDREW STONER: I ask a supplementary question. In view of the Premier's answer, will he inform the public, including prospective shareholders, what the Government will do with the proceeds of the float of Snowy Hydro Limited?

    Mr SPEAKER: Order! A supplementary question must arise from the answer to the original question. I rule the supplementary question out of order.