Independent Member for New England, Tony Windsor has called for a full independent inquiry into Telstra and then a referendum on the full sale to coincide with the next Federal election in 2007.

"The people deserve to know the real facts and make a decision based on those facts," Mr Windsor said in a statement this week.

"Almost every day now, more and more details are coming out about what the Government knew about the parlous state of Telstra's infrastructure and the manipulation of the financial markets to keep up the appearance of a Telstra not only delivering good services to consumers but also doing it at a great profit leading to high dividends being returned to its shareholders - in particular, the Government," he said.

Mr Windsor believes that Senator Barnaby Joyce has been conned by his own Leaders.