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Waleed Aly talks about mediocre NBN, page-40

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Scipio_Africanus

910 Posts.

25/05/16

11:40

Post #: 17860965
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Originally posted by tristanc ↑

The up-front costs were to be paid primarily through government bonds, issued at historically low interest rates below 4%. These would have been paid over time from wholesale fees, and over the long term the net profit for the country would have been immense.

It's a weird thing. Here we are on a share-trading site, and a substantial proportion of contributors don't seem to understand the concept of "investment".

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I think you'll find the cost of connection from the street to the home was not included in that original cost estimate, or it was grossly underestimated. It still has to be funded and you seem to miss the point that it concerns private property and there is no way NBN is going to fund that. The householder will have to fund it.
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