NO.101
RESERVE BANK BOARD
Donald McGauchie is a valued member of the RBA Board. His value to that Board stands on the strength of his contribution to that Board and is not assessed by reason of other directorships.
The Treasurer has not made any comment about the Directors of Telstra in recent times. He has made comment on the management's attempt to change regulatory policy which is properly the province of Government (refer to transcripts of 17 November 4BC interview and 18 November doorstop, available on the website).
PERTH
21 November 2005