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NBN turns opaque on financial disclosure

NBN is increasingly restricting the amount of financial information it shares with the public and this raises questions about the efficiency of its operating and capital expenditure.

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NBN Co chief executive Stephen Rue has picked an interesting time to use a somewhat strange excuse for limiting the financial disclosures by the country’s government-owned wholesale broadband provider.

At NBN Co’s financial results briefing on Tuesday, Rue refused to discuss details about the government-owned company’s ballooning forward cash flows.

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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

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    Original URL: https://www.afr.com/chanticleer/nbn-turns-opaque-on-financial-disclosure-20210810-p58hjy