NBN write-down imminent?

Communications Minister Michelle Rowland recently confirmed that Labor has abandoned plans to privatise the national broadband network for the time being, and that it will scale back proposed 3% per annum wholesale broadband price increases that the former Coalition government had directed NBN Co to implement to recoup costs.

There is also speculation that Labor will write off a significant portion of the almost $30 billion that the federal government has invested, with analysts suggesting that such a move could make it easier for the NBN to invest in faster internet access.

From The AFR:

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