Featured IT News

5G technology deployment a ‘step closer’ with imminent mmWave spectrum applications, says ACMA

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Optus to set up dedicated SMB hubs at Harvey Norman outlets

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Optus ties up with Fortinet to offer secure SD-WAN to biz, govt

26 October 2020 in Networking

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Mobile subscriptions set to recover in 2021, says Economist Intelligence Unit

26 October 2020 in Business Telecommunications

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US official pushes India to ban Huawei, ZTE from mobile networks

26 October 2020 in Government Tech Policy

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Microsoft's GitHub bows to RIAA, takes down YouTube video downloader

25 October 2020 in Apps

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ACCC report finds Google, Facebook increasing take of online ad spend

25 October 2020 in Government Tech Policy

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Huawei says revenue grew nearly 10% in first three quarters

24 October 2020 in Mobility

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Takeovers Panel asks 5GN to hold off on Webcentral acquisition

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VIDEO INTERVIEW: Chris Chiofalo talks robots & cobots as SoftBank Robotics Australia launches

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Prices for regulated transmission services set to fall, says ACCC

23 October 2020 in Technology Regulation

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Breaking IT News

Australians aware of cyber threats, but ‘not fully prepared’ for them, survey reveals

28 October 2020 in Security

While Australian households are generally well aware of the nature of cybersecurity threats, they are less well prepared to protect…

Work ‘more enjoyable’, quality of life better working from home during pandemic for some Aussies: survey

28 October 2020 in Home Tech

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VIDEOS: D-Link launches advanced new Wi-Fi camera with 'unconfined surveillance' backed by AI smarts

28 October 2020 in Home Tech

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Acronis Cyber Protect integration: enhancing security for Citrix Workspace

27 October 2020 in Security

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Microsoft brings trackpad and mouse support to Office for iPad

27 October 2020 in Business Software

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Aussie Broadband: winner of a top national customer service excellence award

27 October 2020 in Telecoms & NBN

Australia's fifth largest provider of NBN services in Australia has won the Customer Service Organisation of the Year (Large) at…

Secure Software Manager automates code signing

27 October 2020 in Security

Security vendor DigiCert's Secure Software Manager provides a way to automate and manage PKI security across CI/CD pipelines.

OPPO releases two more entry-level smartphones Down Under

27 October 2020 in Mobility

Chinese smartphone maker OPPO has launched the two latest devices in its A Series in Australia, the A53s and the…

Circles.Life partners with supermarket giant Woolworths

27 October 2020 in Telecoms & NBN

Circles.Life SIM products will now be available in Woolworths stores across Australia, and with 100GB from $38 among its plans…

TPG Telecom's must-read CEO keynote: more 5G now on, 85% of top 6 cities covered by end 2021 and plenty more

27 October 2020 in Telecoms & NBN

The CEO of TPG Telecom, Iñaki Berroeta, has given a keynote speech at a major comms conference where he spoke…

Government funds telcos’ to boost emergency comms faciities

27 October 2020 in Telecoms & NBN

The Federal Government has announced grants to four major telcos for temporary, portable communications facilities that can be deployed to…

Digital identity apps in use forecast to exceed 6.2 billion in 2025

27 October 2020 in Apps

Digital identity apps in use will exceed 6.2 billion in 2025, up from 1 billion in 2020, according to a…

IBM, NSW Education, Security Innovation Node partner on cybersecurity program

27 October 2020 in Education

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Research team uses DNA analysis to help in catching ivory poachers

27 October 2020 in Biology

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D-Link camera spots human movement

27 October 2020 in Home Tech

D-Link's DCS-8302LH outdoor/indoor surveillance camera incorporates AI functionality to distinguish human motion from other moving objects.

Ex-AWS man Paul Migliorini appointed as director by cloud firm Versent

27 October 2020 in People Moves

Cloud platform and services firm Versent has appointed former AWS ANZ managing director Paul Migliorini as a non-executive director.

VIDEO INTERVIEW: Volkswagen Australia's 'World's Smallest Car Dealership' Opens with AR

27 October 2020 in Home Tech

Augmented Reality is allowing Australian car buyers to "try on" a new Volkswagen T-Roc or T-Cross in great detail, inside…

Patrick Kidd appointed CEO of Digital Skills Organisation

26 October 2020 in People Moves

Industry-led skills group, Digital Skills Organisation (DSO), has appointed former Deloitte Australia Consulting executive Patrick Kidd as its new chief…

Consensus Awards: Innovation shines through lockdown with two major winners

26 October 2020 in Business IT

While there weren't as many companies winning richly deserved awards as you'd normally see, the Consensus Awards tradition has continued…

NetApp reveals broad ranging infrastructure changes

27 October 2020 in Storage & Cloud Storage

Storage and data management vendor NetApp has introduced a new serverless and storageless solution for containers, added new services to…

Qlik acquires Blendr.io

26 October 2020 in Deals

Analytics vendor Qlik has acquired integration and orchestration platform provider Blendr.io.

 

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Sunday, 16 February 2014 14:26

Maybe we did overestimate Labor’s NBN cost, admits Government Featured

By

Malcolm Turnbull’s Parliamentary Secretary Minister Paul Fletcher has admitted that the Coalition’s estimate of the cost of Labor’s NBN was ‘perhaps a little high’.

Oh … THAT $34 billion! In the lead up to the last Federal Election, Malcolm Turnbull and the Coalition incessantly said that the real cost of Labor’s NBN would be in the order of $90 billion, compared to Labor’s own figure of $39 billion.

Turnbull’s Assistant Minister has now said that NBN Co’s internal review of Labor’s NBN costed it at $56 billion, still high but much closer to Labor’s figure than the inflated estimate the Coalition took to the election.

Fletcher was speaking at the TechLeaders 2014 forum for IT journalists being held on the Gold Coast, where he gave the keynote address. Most of his talk was a spirited defence of the Government’s NBN policy.

He accused the previous government of severe mismanagement, saying the Coalition inherited an ‘NBN nightmare’ which his Government was fixing. All the usual stuff. But his comments on the costing disparity was the first such admission by a member of the Government.

When asked by iTWire about the disparity between the Coalition’s $90 billion estimate of a FTTP network and the much lower NBN Co estimate (made by the management team the Coalition had put into place) of $56 billion, the best Fletcher could say was that the Coalition estimate “may have been a little high.”

The Coalition has of course promised a much cheaper network by using FTTN technology mixed with FTTP and other technologies (a ‘technology agnostic’ network), but even the cost of its own network has increased since it was announced.

Fletcher is a former Optus executive. He does not have Malcolm Turnbull’s profile, but as Turnbull’s offsider Fletcher has a significant say in Government Communications and IT policy. His remarks showed a thorough grasp of policy, if not costings.

His talk was well received by the same group of journalists that gave Malcolm Turnbull such a hard time at the same event last year. The conference ends on Tuesday, when the closing address will be given by the Opposition Communications spokesman.


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Graeme Philipson

Graeme Philipson is senior associate editor at iTWire. He is one of Australia’s longest serving and most experienced IT journalists. He is author of the only definitive history of the Australian IT industry, ‘A Vision Splendid: The History of Australian Computing.’

He has been in the high tech industry for more than 30 years, most of that time as a market researcher, analyst and journalist. He was founding editor of MIS magazine, and is a former editor of Computerworld Australia. He was a research director for Gartner Asia Pacific and research manager for the Yankee Group Australia. He was a long time weekly IT columnist in The Age and The Sydney Morning Herald, and is a recipient of the Kester Award for lifetime achievement in IT journalism.

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