Labor to take NBN back to full fibre

Advertisement

From the AFR:

…in a speech given to the CommsDay Summit in Melbourne on Wednesday morning, [Shadow Communications Minister Jason Clare] said a vote for Labor would be a vote for a fibre to the premise NBN.

“Fibre to the node will be gone,” he said. “It’s not a question of if this will happen, it’s when it will happen and how it will be done.

“If you vote for the Labor Party at the next election you will be voting for more fibre.”

Mr Clare declined to release more policy details. But sources close to the party said it meant Labor would make the contractual changes required to deploy more fibre-optic cabling across Australia if it won government. It previously wanted 93 per cent of premises to be directly connected to the NBN using fibre to the premise technology

Crikey. Could we stuff this up any more? I was in favour of the original NBN plan given it ought to be a productivity generator (though the cost benefit analysis was never done and should be). And the larger spend is also useful as an economic support as things fall apart in the period ahead:

Major_Projects_Chart
Advertisement

But that’s only if the flip-flopping over the roll out strategy doesn’t render the thing another great Australian capital white elephant.

Politically speaking, I’m not sure that the public wouldn’t see another u-turn as just that.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.