Opposition Leader Malcolm Turnbull yesterday slammed the $43 billion National Broadband Network project, saying that if any business person behaved in the way Prime Minister Kevin Rudd had, he'd find himself in hot water with the nation's financial regulator.
The Federal Government has terminated the National Broadband Network tender process with no winner, instead flagging plans to invest billions in building its own fibre-to-the-home network to 90 per cent of Australians over the next eight years.
Prime Minister Kevin Rudd is expected to announce the winner of the government's $4.7 billion National Broadband Network contract early this morning at 8:15AM at a Canberra press conference with Communications Minister Stephen Conroy and Treasurer Wayne Swan.
The recently published 2020 summit Final Report has recommended that the government looks seriously into the separation of its national fibre-to-the-node provider, echoing repeated calls by rival telcos to break up Telstra if it wins the national broadband network tender.
Tuesday's budget saw the Federal government remove the tax break for workers purchasing laptops under a salary sacrifice, in a move inconsistent with a number of other policy initiatives, according to observers.
The government dumped its well-intentioned bidders and spent the day awash in adulation from an industry that suddenly felt all its Christmases had come at once. But isn't this the same government that, two weeks ago, was warning it had to ditch key election promises for lack of funding?
With real risks and real competition, Malcolm Turnbull, questions the Prime Minister's promise of an affordable, high-speed broadband at a speed of 100 megabits a second to 90 per cent of Australian households via a $43 billion fibre-to-the-household network.
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