Australian government amends mooted regulatory changes

24 Jun 2010

The Australian government has amended its under-consideration telecommunications regulatory reform legislation following the revelation earlier this week that fixed line incumbent Telstra had reached a deal with NBN Co, the public-private company overseeing the construction of the country’s nationwide high speed broadband network. According to iTWire, Communications Minister Stephen Conroy said that the revisions to the Telecommunications Legislation Amendment (Competition and Consumer Safeguards) Bill 2009 would provide greater regulatory certainty during the transitional period when Telstra customers are migrated to the new fibre network.

It is understood that the amendments include the provision of a clear mechanism for the Australian Competition and Consumer Commission (ACCC) to consider an enforceable undertaking from Telstra to structurally separate its business as it retires its copper network. Senator Conroy claims that the alterations made to the legislation address a number of issues that have been raised since the Bill was first put forward for consideration in September 2009.