The Australian Labor Party (ALP) did not initiate the full...

The Australian Labor Party (ALP) did not initiate the full privatisation of Telstra, but it played a significant role in setting the stage for its eventual sale under subsequent governments. Here’s a breakdown of the ALP’s involvement:

1. Corporatization Under Labor (1990s)
   The ALP, under Prime Ministers Bob Hawke and Paul Keating, began transforming Telstra (then Telecom) into a corporatized entity in the early 1990s. This included rebranding Telecom as Telstra in 1993 and restructuring it to operate more like a private business, though it remained publicly owned 11011.

2. Partial Privatization Under the Coalition (1997–2006)
   The full privatisation of Telstra was carried out by the Liberal-National Coalition government under Prime Minister John Howard, who sold the government’s remaining stake in three stages (T1, T2, and T3) between 1997 and 2006 2610.

3. Final Sale Under Labor (2011)
   The last remaining shares (held in the Future Fund) were sold by the ALP under Prime Minister Julia Gillard in 2011, completing Telstra’s full privatisation 110.

Key Points:

• The ALP did not initiate Telstra’s privatisation but laid the groundwork through corporatization and market reforms 110.

• The bulk of Telstra’s sale occurred under the Howard government 26.

• The final step (selling the Future Fund’s stake) was done by Labor in 2011 1.

For more details, you can refer to the sources discussing the ALP’s role in economic reforms and Telstra’s privatisation history 11011.

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