The Australian Greens have formally agreed to support the Government's Telecommunications Legislation Amendment (Competition and Consumer Safeguards) Bill 2010, according to reports from ABC News.
According to the ABC, the Greens have agreed to pass the contraversial Bill in exchange for Government promises that any privatisation of NBN Co will be put before a parliamentary vote before going ahead.
"It won't be automatically privatised, it will need to be subjected to a full and comprehensive public interest test done partly by the Productivity Commission and partly through a joint parliamentary committee," Australian Greens Senator, Scott Ludlam, told the ABC. "That was the last issue that was a sticking point for us."
The demand from the Greens had been a long-standing one that had never faced serious opposition from the Government. The move is set to boost chances of Telstra being seperated.
The party's support comes despite high drama in the Senate over its demands to see NBN Co's business case released to the public. The Government's refusal almost resulted in Communications Minister, Senator Stephen Conroy, being gagged in the Senate by the Opposition.