NBN proving a $50b white elephant

Advertisement

By Leith van Onselen

A new study on the National Broadband Network (NBN) by the University of Sydney and Arizona State University has found that around half of all homes in Sydney, Melbourne and Brisbane have been connected to inferior NBN technology:

The data suggests around half (40-60%) of homes in the three cities only have access to very old technology: hybrid fibre-coaxial (HFC). For people in these residences, access to the so-called “fibre network” remains only a fairy tale…

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.