I'm not sure that is all accurate (umm, light and electricity travel at the same speed ...), but I agree with the central idea: fibre is the next generation of technology, copper is the last. We can fully expect that just as massive speed increases were achieved on copper, so too will they be on fibre. Gen 1 of fibre is already 10x better than the last generation of copper - how much better will generation 2, 3, 4 be…
Part of the problem is how badly it has been planned and managed from the very beginning. How fast is the actual rollout? We don't know. Commercial-in-confidence. And NBNCo say they don't keep figures down to the street level anyhow (which begs the question of which basis they are using to pay contractors). How much has already been borrowed? We don't know. Commercial-in-confidence. How much has been spent? We don't…
When government is spending taxpayers' money it doesn't care about efficiency, only about getting a slice of the pie. Family members, business partners and overcharging contractors feast on these multibillion dollar projects, and only them.
We've seen this happen with "Building the edu revolution", house insulation and so on. Porting bloody e-tax to Mac cost them $5.2 million.
The smaller the spending on NBN the smaller the waste.
Govt should focus on reducing friction for business, eliminating monopolies and building a healthy economy.
Competition and market forces can take care of the fiber just fine. If we had those.