Inside the bloody political war that led to a $31b NBN blowout
The NBN has cost a lot more public money than Labor promised back in 2009 but the Coalition’s meddling was largely to blame for a decade of misguided spending.
To the citizens of most developed nations, the idea that the construction of telecommunications infrastructure would be one of the most heated political debates for over a decade would sound absurd, yet Australia’s National Broadband Network is still causing consternation for the chattering classes 13 years in.
The latest controversy is one of economics: the long-held promise that the NBN was a commercial investment, which would repay its public funding over time, has been essentially discarded in favour of providing consumers affordable internet.
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