Cheaper broadband coming as NBN faces “inevitable” writedown

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By Leith van Onselen

The pressure continues to build on the federal government to writedown the National Broadband Network (NBN), with first chief executive of the NBN arguing that it is inevitable following the “disastrous” rollout of the project. From The Canberra Times

Mike Quigley, head of NBN Co under the former Labor government, said the Coalition’s shift to a multi-technology model and away from mass rollout of fibre-to-the-premises had hurt the potential of the service and would ultimately cost taxpayers tens of billions of dollars…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.