Earlier quoted context omitted.
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…
Spot on. 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…
If we leave it up to the market then only the profitable sectors will get high speed internet. The rest (i.e. rural and country areas, outer city, poor neighborhoods) will be left with the decrepitated copper system. How exactly does that help anyone or the economy ?