the annual report is...

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    the annual report is at

    http://www.nbnco.com.au/content/dam/nbnco/documents/nbn-co-annual-report-2013.pdf

    and from smith news, the following comment

    "Terms like "construction commenced" used to mean holes in the ground, tradesmen at work and visible activity on some site.

    For the NBN Co, "construction commenced" includes activities like having a think about the high level design for an NBN area"
    .
    .
    so it seems that thinking is doing - no wonder the nbn people get paid so much
 
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