Wednesday, August 18, 2010

Why the NBN will fail

Malcolm Turnbull, Election 2010

All Australians understand that high-quality, reliable and affordable broadband is a critical part of the infrastructure our nation needs to prosper in coming years.
As one of the founders of OzEmail, Australia’s first big internet company, I believe passionately in broadband and the power of the internet.
But as a businessman and Member of Parliament I also believe passionately in not wasting billions of taxpayers' dollars on white elephants. Remember, every dollar of revenue diverted to Labor's national broadband network (NBN) is a dollar that can’t be spent on hospitals, schools, roads or public transport - let alone returned to you in lower taxes!
http://www.businessspectator.com.au/bs.nsf/Article/Telstra-broadband-NBN-Labor-Gillard-Rudd-wireless-pd20100816-8D3V8?OpenDocument