NBN Corporate plan released by Gillard government

Dec 30 2010 / By Richard Patterson

The Gillard government in Australia has released details of the NBN Co Limited Corporate plan in relation to the National Broadband Network, and this shows how the plan will effectively benefit Australians.

broadband cables 250x128 NBN Corporate plan released by Gillard government

The Gillard government in Australia has now released NBN Co Limited’s Corporate Plan, and the details in the plan show how Australians will effectively benefit from world class broadband without having to pay over the odds for the service, and how taxpayers will be able to get their investment back with interest added on top.

The Corporate Plan included a range of details, such as details about how the services would be rolled out and details about costings. The expected rate of return has been estimated at 7.04 percent, which means that the government should be able to recoup all of its investment with added interest. In total the government is set to contribute $27.5 billion in equity for the rollout.

It is thought that the total cost of the NBN rollout will be just under $40 billion, and by 2013 the company is expecting to have passed 1.7 million premises according to reports. Uniform national wholesale prices will help to ensure that the retail prices charged for services will be both competitive and affordable.

According to reports Corporate Plans for Government based businesses enterprises are not usually released to the general public as a rule. However, due to the nature of this particular project, and the huge level of public interest involved, the government wanted public knowledge about the details of the plans to be as great as possible.

Source – DBCDE.gov

One Response

  • NBN PLAN DEBACLE
    December 30, 2010 at 5:40 pm

    After the protracted delays and secrecy regarding this NBN – some excerpts and summaries were released. .
    A farrago of a plan, the same old consultant lies and spin, repackaged yet again.
    nothing actually revealed except that they havent a clue.
    It will sink well in excess of $50b, be ‘too big to fail’
    Its already a debacle – so it will only get much worse.
    Wait until the environmental impact (billions of tons of embedded energy, tens of millions of chips and batteries all sucking off the grid, massive cost of decommissiong a safer and more eco green existing infrastructure is revealed.
    Australian’s literally cant afford this NBN, in 13 years we get back to where we are today.
    Apart from the environmental vandalism and lack of any purpose or benefit, its simply a crock. If the markets and opportunity was there – then why cant it be done incrementally, competitively and on what exists today ?

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