Featured IT News

Telstra has been awarded Australia’s Best in Test mobile network 'all over again'

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Oracle brings in-memory analytics to MySQL

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Public backs move to get digital platforms to pay for news: poll

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JavaScript's silver jubilee

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Apple TV app coming to Sony TVs

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Hostopia, Equinix ink long-term deal

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Windows ransomware attackers teaming up with those selling access: claim

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CSIRO's radio telescope used to create new atlas of universe

03 December 2020 in Space

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No Samsung smartphone to be based on new Qualcomm SoC

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NBN Co takes on another $1.2b of debt over five years

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Breaking IT News

'Whizzard' from Linius transforms Zoom, Webex and Teams video into 'hyper-personalised video', like magic

04 December 2020 in Business IT

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Alibaba Cloud Revamps its Hybrid Cloud Strategy to Accelerate Enterprise Cloud Adoption

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COMPANY NEWS: Trusted cloud service provider creates a partner program to bring reliable and productive solutions to global customers.

Global Regulatory Changes Mark a High Point for Cannabis Stocks

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Fletcher trying to prevent a follow-up to ABC's Canberra Bubble

04 December 2020 in Open Sauce

It seems that Australia's Communications Minister is as competent at handling women's affairs as he is at managing the construction…

Samsung unveils its most affordable 5G smartphone in Australia: the Galaxy A42 5G for $599

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Alibaba explains the magic of successfully hosting the world’s biggest global shopping festival

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Top global HR firm Randstad stung by Windows ransomware

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Vivaldi adds privacy features in new version for Android

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Norway-based Vivaldi Technologies has released a new version of its browser for the Android mobile operating system, which it says…

Dubber Launches Global Channel Partner Program for Cisco Resellers

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Pandemic did not get in the way of Linux reaching a million commits

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Global wearables market rose by more than a third in 3Q: IDC

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PowerRoster adds rostering to Microsoft Dynamics

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Microsoft technology specialist Velrada has launched its PowerRoster series of SaaS products for complex resource management and rostering situations.

New Vocus service to connect to collaboration solution providers

03 December 2020 in Telecoms & NBN

Fibre and network solutions provider Vocus has introduced a new service to provided dedicated connectivity to leading collaboration solution providers.

Okta set for govt customers after meeting security standard

03 December 2020 in Security

Global identity provider Okta says it has completed the requirements of the Information Security Registered Assessors Program which ensures that…

Ascom, St Vincent’s Health Australia sign three-year maintenance contract

03 December 2020 in Deals

Communications provider Ascom has signed a 3-year maintenance service contract with St Vincent’s Health Australia to provide support and maintenance…

D-Link launches new AX3000 Wi-Fi 6 PCIe Adapter with Bluetooth 5.1

03 December 2020 in Home Tech

Networking equipment vendor D-Link has launched a new device, the DWA-X3000, an AX3000 Wi-Fi 6 PCIe Adapter with Bluetooth 5.1…

Optus reorganises customer support to remove 'contact centre run-around'

03 December 2020 in Telecoms & NBN

Telco SIngtel Optus has announced the creation of a "Community of Experts" which will result in every customer being moved…

Salvation Army deploys Coupa platform to help with cost control amid increased relief demands

03 December 2020 in Market

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ASPI beats the war drums as businesses call for calm over China

03 December 2020 in Open Sauce

The head of the defence lobby group, the Australian Strategic Policy Institute, believes that bolstering Australia's defence is part of…

Hawaiki signs Hawaii deal to boost Australia-US route diversity

03 December 2020 in Telecoms & NBN

New Zealand cable operator Hawaiki Submarine Cable has signed a deal with Honolulu-based Hawaiian Telcom which, it says, would give…

US $31.4b global PC sales revenue plunge due to COVID-19, industry to take 3 years to recover

02 December 2020 in Business IT

Italian financial analyst site Finaria has pointed the finger at the COVID-19 outbreak triggering "the most significant fall in PC…

 

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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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