The NBN’s blowing out under the Coalition

NBN’s new cost forecast is a range of between $46 billion to $56 billion with the company aiming for $49 billion. By comparison, Labor’s final draft corporate plan predicted its NBN would cost $37.4 billion – a figure the Coalition has said was wildly inaccurate.

Surprise, surprise. Who would’ve thought introducing a mix of technologies to deliver sub-par services and buying back an aged copper network would result in any problems at all?! Idiots.

And while they’re at it: Why not cut 780k homes from the already planned FTTP rollouts too.

Again… idiots.

Source: NBN will have to raise $26.5b to fund costs of national broadband network

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