Name: CHAN, Sin Fong
Subject: Telstra
Visit Time: 22/08/2006 1:11 AM
Remark:
As the largest shareholder, the Federal Government should step in to call for an extraordinary meeting to sack the current management for bringing the Telstra share price to reach the lowest point in nine years.
It is totally disgraceful that the top management gets rewarded for poor performance. The only reward that seems fit is to buy them a one way ticket and stamp on their passport never to return to Australia in their natural lives.
The Federal Government should not sell off Telstra, for whoever controls telecommunication holds the ultimate power in controlling the national intelligence.
The moment the Government let go of Telstra, it will be the time that a foreign takeover will occur - just like what is happening to Coles Myer. Telstra will collapse, and assets stripped. There will also be massive job losses, and privacy cannot be assured.
Queensland had a Dr Death in the health system, Australia has one too in the telecommunication system.
