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Treasury costings scant on NBN details

IT Policy - Government Tech Policy

You might have expected that the Treasury's costings of the two major party's election policies -- released to the Independents and the media late yesterday -- would contain a fair amount of detail about how much each party's wildly differing broadband policy would cost.

You might have expected that the Treasury’s costings of the two major party’s election policies — released to the Independents and the media late yesterday — would contain a fair amount of detail about how much each party’s wildly differing broadband policy would cost.

Not so.

Despite the Coalition’s pledge to cancel Labor’s $43 billion National Broadband Network project, Treasury analysis of the impact (PDF) showed just a $900 million saving to public debt interest payments over four years if the Coalition was to win Government.

Labor’s document (PDF) doesn’t contain any mention of the NBN at all — a fact that is consistent with Prime Minister Julia Gillard’s statement on Friday that although Opposition Leader Tony Abbott had sought access to a full costing of the NBN, the full NBN costings were disclosed in the Pre-Election Fiscal Outlook prepared by Treasury.

“If he seeks to have a briefing from Treasury and Finance for a more detailed assessment of those Budget figures then of course that will be made available to him,” Gillard said.


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