Australia does not need NBN. Australia can not afford the $43 billion cost of NBN for faster internet connections. NBN will just ened up like another Telstra monopoly. A white elephant according to Andrew Robb and his supporters including Tony Abbott and his team. Government's should never be relied upon to deliver projects without big budget cost blow outs. The Australian Navy's Collins Class submarines, built during the 1980's cost Australia billions and are just another white elephant.
NBN will cost 22 million tax payers $2,000 per head to fund. $43 billion does not include interest and possible cost blow outs associated with the NBN project. If Labor could not be trusted to manage Pink Vats and Building Education Revolution. How can Labor be trusted to successfully deliver and manage a $43 billion NBN project?
Upgrading the links between US and Australia for a cost of $2 billion would be a far more cost effective way of increasing the speed of internet connections. Existing telcos such as Telstra, Optus and Vodafone will upgrade services to deliver faster speed internet over time.
It would cost tax payers a lot less under the Coalition's $6.7 billion broadband plan opposed to Labor's expensive $43 billion NBN plan for faster broadband. The $43 billion for NBN could blow out to $80 billion when interest, budget blow outs and rip offs by government contractors.
