×

Warning

JUser: :_load: Unable to load user with ID: 3658
Monday, 19 October 2009 18:45

NBN Co authorised to acquire assets now: Conroy

By
NBN Company executive chairman Mike Quigley has both the authority and capacity to acquire assets related to a national broadband network now, even before the Government's implementation study is completed in February.

Communications Minister Stephen Conroy said Quigley was lead negotiator in discussions with Telstra and other infrastructure providers, and did not need direction from the implementation study to inform those discussions.

Senator Conroy told a Senate Estimates hearing the implementation study was being conducted by Lead Advisers KPMG and McKinsey under a contract for the Communications department – not the NBN Company.

Although the Lead Advisers would communicate with Quigley as head of the company, its purpose was not to provide advice to the NBN Company. Rather its role was to advise the government NBN steering committee and the oversight Ministers - Senator Conroy and Finance Minister Lindsay Tanner - as a source of independent expert advice.

If Quigley found a good asset and a fair price, he had the authority to move ahead and secure that asset, Senator Conroy said.

But shadow minister Nick Minchin said there were so many unknown factors that could change the face of NBN planning that it was "quite extraordinary" Quigley was already allowed to proceed with asset acquisitions.

If the implementation study was not being used to inform major asset acquisitions, Senator Minchin said it was hard to imagine what its purpose was in the planning for the NBN.

"I find it quite extraordinary that prior to the completion of an implementation study which is costing tax payers $25 million – and which is all about the design of this thing, the architecture, the financing,  the whole project – that the Government is happy to let Mr Quigley go off with taxpayers' money to buy-up existing assets," Senator Minchin told iTWire.

"What's the point of having this implementation study? If Mr Quigley can rush off with taxpayers money and buy up existing assets – effectively re-nationalising private assets?"

Meanwhile, it is understood two pieces of legislation dealing with the NBN may be put to the Senate as early as next week: The first dealing with the requirement of utilities companies to provide Government with an inventory of facilities and existing assets that may have a bearing on NBN construction and the second being the telecommunications regulatory reform package.

It had been thought the legislation might be put during the November sitting. But with debate ETS legislation now looking like it will fill the two November weeks – and possibly beyond – Government may seek passage of its communications legislation when the Senate resumes next week.

WEBINAR event: IT Alerting Best Practices 27 MAY 2PM AEST

LogicMonitor, the cloud-based IT infrastructure monitoring and intelligence platform, is hosting an online event at 2PM on May 27th aimed at educating IT administrators, managers and leaders about IT and network alerts.

This free webinar will share best practices for setting network alerts, negating alert fatigue, optimising an alerting strategy and proactive monitoring.

The event will start at 2pm AEST. Topics will include:

- Setting alert routing and thresholds

- Avoiding alert and email overload

- Learning from missed alerts

- Managing downtime effectively

The webinar will run for approximately one hour. Recordings will be made available to anyone who registers but cannot make the live event.

REGISTER HERE!

LAYER 1 ENCRYPTION A KEY TO CYBER-SECURITY SOLUTION

Security requirements such as confidentiality, integrity and authentication have become mandatory in most industries.

Data encryption methods previously used only by military and intelligence services have become common practice in all data transfer networks across all platforms, in all industries where information is sensitive and vital (financial and government institutions, critical infrastructure, data centres, and service providers).

Get the full details on Layer-1 encryption solutions straight from PacketLight’s optical networks experts.

This white paper titled, “When 1% of the Light Equals 100% of the Information” is a must read for anyone within the fiber optics, cybersecurity or related industry sectors.

To access click Download here.

DOWNLOAD!

VENDOR NEWS & WEBINARS

REVIEWS

Recent Comments