Government announces new 'NBN tax' on broadband companies

Not happy if this were to be legislated.

Communications Minister Mitch Fifield announced on Monday that the government would legislate to create a new Regional Broadband Scheme that is estimated to raise $40 million a year. The Department of Communications has found the cost of the scheme would largely be passed on to consumers through higher prices.

The scheme would see NBN's rival super-fast broadband networks pay a levy of $7.30 for each fixed-line connection, with the contribution indexed to increase each year. By 2022 the levy would rise to $8 per connection.

The change, if approved by Parliament, would affect rival companies such as TPG and Opticomm.

http://www.smh.com.au/federal-polit...x-on-broadband-companies-20161212-gt9hxj.html