4corners on nbn, page-56

benson1610 the beauty of borrowing is that you can borrow for both or borrow for anything else you want if that is your thing.

Borrowing for the NBN under the proposed scenario does not stop borrowing for any other project.


But whatever other project you borrow for, it will still have to be paid back.

_____________________


The NBN project is income producing and is asset creating.

The only argument will be how much income and what will the assets be worth.

The income as a minimum would only need to be capable of servicing the loan for the NBN to be self sufficient.

If Telstra's assets are worth around $20 billion for an inferior network, then the NBN assets should have an asset value around or more than the $20 billion mark.

________________


Push the government for any other project you want, it is not reliant on the NBN project.