Improving internet access for Australians in regional and remote Australia is an undoubtedly worthy objective.
The government this week announced a further $3 billion investment into NBN Co to do just that, funded ultimately by the taxpayer, together with $800 million more borrowing by the national broadband network.
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John Wylie AC is founder and chief executive of Tanarra Capital.
Vidhur Rangaswamy is portfolio manager, Long Term Value, for Tanarra Capital.