NewsBite

Chanticleer

Chanticleer

Minister’s sensible reset of NBN economics

Investment bankers hoping for a multibillion dollar privatisation of NBN Co will be disappointed with Michelle Rowland’s first major move as communications minister.

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

There is a lot to be learnt from reading between the lines of the latest missives from Communications Minister Michelle Rowland to NBN Co and the Australian Competition and Consumer Commission.

Rowland’s first significant ministerial move seems to be saying at least three things: NBN’s privatisation is dead; NBN needs to ditch its plan to increase wholesale broadband prices; and NBN might need to write off a big chunk of its sunk costs.

Loading...
Tony Boyd is the former Chanticleer columnist. He has more than 35 years' experience as a finance journalist. Connect with Tony on Twitter. Email Tony at tony.boyd@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Telecommunications

Fetching latest articles

Most Viewed In Chanticleer

    Original URL: https://www.afr.com/chanticleer/minister-s-sensible-reset-of-nbn-economics-20220727-p5b53r