"Never quite understand the argument that the government should provide fibre to my doorstep."
I forgot to answer this Bob. The answer is -- because no one else wanted to build a nation-wide network.
Remember that the government asked Telstra to build a fibre network. They asked for a proposal. Telstra replied with 3 page document. They couldn't even be bothered creating a proposal.
Why was Telstra so lazy? They were happy to continue charging through the nose for ADSL. They were happy to keep charging businesses $25,000 a month for a fibre connection. That was making them a lot of money.
They were happy to roll out more fibre in the cities, but not in any regional areas. They didn't want the expense or hassle.
The government wanted a nation wide network that provided economic opportunity to all Australians. Telstra didn't want to build that. So that's how we got the NBN.
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Last
$4.93 |
Change
-0.020(0.40%) |
Mkt cap ! $56.12B |
Open | High | Low | Value | Volume |
$4.88 | $4.94 | $4.86 | $78.53M | 15.97M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 14400 | $4.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.93 | 14000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 13937 | 4.920 |
7 | 114584 | 4.910 |
8 | 56122 | 4.900 |
1 | 1 | 4.890 |
12 | 44454 | 4.880 |
Price($) | Vol. | No. |
---|---|---|
4.940 | 233238 | 9 |
4.950 | 389920 | 44 |
4.960 | 92287 | 26 |
4.970 | 73913 | 17 |
4.980 | 227388 | 38 |
Last trade - 16.10pm 16/07/2025 (20 minute delay) ? |
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