AFR 5.12.22 J. Hewett saidNBN loses $31b. Just don’t call it a write-downThe only surprising aspect of acknowledgement that NBN Co will never deliver a commercial return for taxpayers is how many years it took to admit the obvious
Even now, the federal government will not officially write down tens of billions of dollars worth of publicly funded investment in the national broadband network in order to maintain the fiscal fantasy it is not required to add this cost to the budget bottom line.
https://www.copyright link/companies/telecommunications/nbn-loses-31b-but-just-don-t-call-it-a-write-down-20221204-p5c3hy(Behind paywall- can anyone open, & post here please)
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