NBN Co, the company building Australia’s National Broadband Network, lifted total revenue by 39% to $1.81 billion for the six months to the end of December 2019, with company chief Stephen Rue declaring the result “outstanding during a crucial time of the build”.
Another day, another set of quarterly results from the NBN Co, the company rolling out Australia's broadband network, but little change from earlier quarters. For the first quarter of FY 2020, the company said on Tuesday it had recorded losses of $1.18 billion, compared to $875 million a year earlier.
Many of Australia’s small businesses have not fully realised their potential because they lack the skills, time or resources to invest in digital technology - or because they lack knowledge of the opportunities that technologies provide.
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