A terrific investigative report from Journalist Renai LeMay - on the creators of the NBN Co report due out today
http://www.zdnet.com.au/mckinsey-s-nbn-bloc-demands-scrutiny-339300216.htm?omnRef=NULL
Extracts courtesy of Renai LeMay
"I refer, of course, to the insertion of yet another former partner of management consulting firm McKinsey deep into the bowels of the National Broadband Network Company.
Previously, the NBN Co had two former McKinsey partners on its board. Now it has three.
McKinsey is also closely engaged with the NBN Co on another front along with more mainstream professional services outfit KPMG, it is acting as lead advisor to the company, a role which will see it deliver in early February the wide-ranging implementation study that will guide the NBN's future over the next decade.
But wait, there's more.
As McKinsey's own alumni network notes, the consulting firm has another potential ally within the NBN Co in the person of Christy Boyce, a former McKinsey principal consultant, who in September was appointed the future broadband giant's head of industry engagement.
Now one way to look at all of these McKinsey appointments is that they are an extraordinary coincidence born of the company's strengths in telecommunications consulting in the local market and the NBN Co's need for top-tier help."
Comment... Wow - Our crystal ball suddenly lit up: We can now reveal that the long awaited NBN Co report will be favourable to the NBN project.
Two key highlights will be
1) The Cost will be LESS than that originally predicted ($43 billion).
Possibly at least $10 billion below that figure. No problem at all in the context of
the large money inflows from Tax and the many subscribers coming.
2) The NBN project CAN operate successfully without the cooperation or use of
TELSTRA. Of course there will be a few caveats to cover any slight variations.
With all that unnecessary hullabaloo going on re Mining TAX, BECs BATs DUDs etc etc.. And the Budget coming up -- Surely there will be no need for any more controversy over the NBN.
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