With the establishment of a new inquiry into telecommunications services to rural Australia, the Federal Government is clearly hoping for a favourable report which will facilitate the sell-off of the remaining 50.1 per cent of Telstra which remains in government hands.One problem with such a sell-off is that of increased foreign ownership, attracted by Telstra’s high profitability as a monopoly service provider.Another is the indirect effect on the financial system, if the anticipated $30 billio…
