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Budget gives NBN $4.7B kick-start, but what for?
Telecommunications
Budget gives NBN $4.7B kick-start, but what for? | Budget gives NBN $4.7B kick-start, but what for? |
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| by Stuart Corner | |
| Tuesday, 12 May 2009 | |
Communications minister, Stephen Conroy says that, under the federal budget, the Government is making an initial investment of $4.7b in the National Broadband Network, but has given no indication of how that money will be spent.Featured Whitepaper
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“The Government regards the National Broadband Network as a priority investment in infrastructure for Australia’s future, and is working to implement this initiative quickly and thoroughly,” Conroy said. "The Budget re-affirms the Australian Government’s commitment to progressing the establishment of a wholesale-only, open access National Broadband Network, the Minister for Broadband, Communications and Digital Economy." He then went on to list initiatives undertaken since the 7 April announcement of the $43B NBN plan. "The national broadband network company has been established; negotiations have occurred with the Tasmanian Government to commence an early rollout of a FTTP network and next generation wireless service in Tasmania as early as July 2009; formal consultation has been undertaken with stakeholders on priority broadband blackspots; work has started on an implementation study which will report to the Government in early 2010 on the operating arrangements for the national broadband network company; consultation has started on legislative amendments to implement the commitment to require greenfield developments to use FTTP technology from 1 July 2010; and consultation has started on legislative reforms to make the existing regulatory framework work more effectively." "The company established by the Government will invest up to $43 billion over eight years to build the National Broadband Network, but significant private sector investment is also anticipated...The Government is making an initial investment in the network of $4.7 billion,” Conroy said.
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