Australian (ASX) Stock Market Forum

National Broadband Network

Jump to new
trainspotter said:
LOLOLOL ....... So_Cyclical you are damn funny when you are backed into a corner.

What did Little Johhny actually do whilst in office?

Delivered eight Budget surplus's and effectively eliminated all of Labor’s $96 billion of government debt.
Click to expand...

LOL Tranny i said he did nothing and you counter with agreement :D pointing to budget surpluses made possible courtesy of Hawke/Keating...remember them, they were a Govt that actually did something, floated the dollar, deregulated the financial system, got rid of tariffs, privatised state sector industries, ended subsidisation of loss-making industries, floated the CBA, fringe benefits tax and a capital gains tax.

http://en.wikipedia.org/wiki/Hawke-Keating_Government
 
Knobby22 said:
I, (along with many swinging voters), can't vote for Abbott. I don't like his answers or attitude. I bet when he gets knocked off for someone more moderate that Liberals will get in easily.
Click to expand...
Agree, Knobby. I just asked the question on another thread re would the Libs be brave enough to toss Abbott out and give Malcolm Turnbull another chance? I'd bet Mr Turnbull wouldn't make the same mistake twice and seems to offer the only viable leader for the Libs.

Probably - given how close the Libs came to government at the last election - they'd find it hard to justify dispensing with Mr Abbott. But if they were as brutally realistic as Labor was when it chopped Rudd's head off, they would get rid of him. He will simply never appeal to enough people and voters really wanting to get rid of the current government will continue to find it hard to vote for Abbott as PM.
 
So_Cynical said:
LOL Tranny i said he did nothing and you counter with agreement :D pointing to budget surpluses made possible courtesy of Hawke/Keating...remember them, they were a Govt that actually did something, floated the dollar, deregulated the financial system, got rid of tariffs, privatised state sector industries, ended subsidisation of loss-making industries, floated the CBA, fringe benefits tax and a capital gains tax.

http://en.wikipedia.org/wiki/Hawke-Keating_Government
Click to expand...

You are on some wicked mind altering drugs there So_Syclical ......... Hahaha ah ah ahaha a *gasp* haha h aha heh e heh eh eee ....... Gave us interest rates of 17% on housing loans and 20% on business loans. Racked up 96 billion in debt. Unemployment rate of 10.3%. The "Recession we had to have" is still vivid. Said Canadian Conrad Black could increase his ownership of Australian media if he gave Keating more "balanced" coverage. Asked to elaborate what "balanced" meant, Keating said, "I'm the prime minister." Timor Gap Treaty. LOLOL ....... I will stop now as I am laughing too much !!

ROFL ......... yeah they were the good ol days eh what?

Anyhoooooooo ........ back to the topic of the thread.

Canberra is terrible at building and operating commercial services. Perhaps the most unbelievable aspect of the NBN is that a government-controlled entity can roll out a vast undertaking such as national fibre-to-the-home on budget and on schedule. This from the people who couldn't build school assembly halls without billions in rorts? Who tragically mismanaged the home insulation program? Who put less than half the computers promised in schools at double the cost?

http://www.theaustralian.com.au/nat...he-nbn-will-fail/story-e6frgd0x-1225906080793
 
Pipe Networks founder Bevan Slattery today delivered a ringing slap in the face to Communications Minister Stephen Conroy, predicting most of the promises around his flagship National Broadband Network initiative would fall flat, with the project to end up being a liability to Australia’s taxpayers.

Slattery has a great deal of expertise in laying out the fibre infrastructure that will be at the heart of the NBN ”” with partner Steve Baxter he founded fibre player Pipe Networks in 2001 and built it into a major, predominantly wholesale player, before selling the company to ISP TPG last year.

He told the Communications Day Summit in Sydney today there was one major issue with why the project would fail ”” what he described as the fact that you couldn’t get a commercial return on investment for a project building a wholesale-only broadband network that would reach 90 percent of the population.

“I firmly believe you can’t get a commercial return on this infrastructure,” he said. “Don’t play cute, don’t spin, don’t bull****.”

http://www.itwire.com/it-industry-news/strategy/38414-pipe-founder-predicts-nbn-will-fail
 
Your electorate's place in the queue will depend on whether your electorate is red or blue, or preferably independent.

... to keep the peace during the NBN rollout over the next nine years, let me suggest a new commandment to replace what is commonly cited as Christianity’s number nine tenet, and as we pray that our own individual houses and places of businesses not be the last premises in Australia to receive the NBN fibre in 2021 … years and years after everyone else.

“Our Father Quigley who art in NBN Co, hallowed be thy name
Thy fibre kingdom come, thy rollout schedule proceed on Earth as it is in the business case
Give us this day our daily bandwidth,
And forgive us our fibre jealousy, as we forgive those who lust after ping times
And lead us not into the temptation of Wi-Fi theft, but deliver us from internet congestion
For thine is the kingdom, and the power, and the glory, for ever.
Amen.”
Click to expand...

http://delimiter.com.au/2011/01/25/nbn-who-will-be-connected-last/
 
bellenuit said:
If we were to have invested in a telephony technology that has the most reliable connection in an emergency, then we would have put all our money into landlines and not mobile phones. Yet it is patently obvious from the myriad of people saved by having access to a cell phone that reliability of connection is just one criterion to consider.

IMO, access from almost anywhere is far more important. An incapacitated person who falls down just a meter or two from a landline phone may be unable to use the landline for help, but if the person had a mobile at hand, then no problem

I think it is the same with the internet. Yes there are instances where a wired connection is going to be better than wireless, but it is apparent that the whole industry is moving in the opposite direction to us. Did anyone announce a new desktop PC at the recent CES in Las Vegas? No (I'm pretty sure), but there were dozens of pads announced and that is the future according to spokespersons there.

Internet connected TVs were also a standout at the show and they would be better in a wired high-speed environment to access HD content than wireless. But the government didn't sell the NBN based on access to HD TV content. It was the remote medical diagnosis, education etc. that they used as examples. However there is no evidence to suggest that when such applications are developed, they will require high speed wired connections only. It is much more likely that the applications will be suited to the "device du jour" which predictions indicate will likely be a mobile device of sorts. There will be situations when wired outshines wireless and vice versa, but the gripe against the NBN is that we are putting all our eggs in the one basket and betting against the trend. This is more apparent after Obama's SOTN speech.
Click to expand...

I can't for the life of me find it now, but someone replied to this post of mine or a similar post of mine that argued the trend was to mobility over speed by counter arguing that mobility would mean huge transmission towers in every neighbourhood.

Of course the assumption with the counter argument is that wireless technology is going to stand still for the next 10 years. This is an interesting article on the changes taking place on the transmission end.....

Cell Phone Towers to be Replaced by Tiny Antennas

http://www.huffingtonpost.com/2011/02/12/cell-phone-towers-to-be-r_n_822332.html
 
Telstra's announcement suggests difficulties in negotiating the detail between them and the government. :2twocents
 
The difficulty in the negotiation between them could be because the ACCC has stuck it's oar in and said there has to be 100+ points of interconnect instead of 14. This no doubt has resulted in Telstra having to hand over access to more of their infrastructure eg exchanges and equipment. The terms of the original deal may have to be renegotiated. This isn't going to play out quickly, as per usual Conroy is probably moving the goal posts and trying to rip off Telstra with the help of the ACCC as usual.
The hypocracy of the cherry picking rules is starting to sink in and a lot of people are starting to kick up about it.
There is every chance this will not be settled before the Government is thrown out. Add to this the detention centre debacle and even the independants must be getting nervous of getting thrown out with the bath water.:D
 
sptrawler said:
I would never have thought the boss of the internets largest search engine would agree with a Government spending billions on the internet, which in turn helps his company. What next?:eek:
Click to expand...
Luddites wondering why technology is expensive :p:
 
Taken from NBNMyths own propoganda website:-

1. The NBN will cost taxpayers $43 billion dollars. We can’t afford it and it’s uncosted

False

Total construction costs are now forecast to be $34.4bn, plus $1.3bn in maintenance costs during the build phase

2. If it were viable, the private sector would build it

False

a. The private sector could not afford it. ~$40bn is a huge investment for any company, and well beyond any telco operating in Australia.

-----------------------------------------------------------------------------------------------------

A billion here and a billion there ........ pretty soon they will be talking in real money.

Is it 34.4 billion or 40 billion? Notice how it is cheaper when it suits their argument but toooooo expensive for a private company to fund !

A telco would not build it not because of the cost. The RoR at 7% is totally unrealistic for a private company to fund. Period. NBN is not a telco by the way either. It is a monopoly wholesaler.

Oh well ............. I can't wait for the shiny blue cable to save my technologically challenged life.

But wait ....... what is this ? Telstra delay creates uncertainty?

http://www.theaustralian.com.au/bus...ates-uncertainty/story-e6frg9io-1226023939936

But once that happens it will take the ACCC at least four months to consider the competition aspects of the agreement and Telstra’s structural separation undertaking.

Once that is done one month's notice is required for an EGM and all of a sudden we are looking at August at best and more likely September before any meeting can be held.

Just what Thodey was thinking when he set the "stretch" target beggars belief, because the ACCC has to give a set period of time to punters to comment on agreements.

At least he is not a member of the Future Fund board, which having served the government in good faith still doesn't know a week or two before his or her term expires that he or she will have the term extended.

That, frankly, is just insulting and one more reason why business is not a big government supporter.
 
Just like to revise a statement by a fibre network architect in 09/2010.
It was put on this forum.


"The NBN will be one of the largest single network ever built on earth. There are only a few companies who could do it. Even Telstra would struggle to build something of this scale.
Yet we are to believe that the same people who can't build school halls or install insulation without being ripped off are going to do it.?? Here at Telstra, we are laughing our heads off!!. Because when it all comes crumbling down, after they have spent $60 bullion and the network is no more than half finished, it will be up to Telstra to pick up the pieces, (shhhh don't tell anybody, it's our secret)"

We will see how close this gentleman was to the mark.

Cheers
 
I'm sure this has been used before, but this sums up NBN to a tee:

 
Last edited by a moderator:
Well CEO Patrick Flannigan quit NBN a few days ago.

Today it appears Cost and Resource estimates Manager has quit NBN.:eek:

A bit of a murmur $4 bullion over estimate. Thats only about 10%.:eek:

So it looks like its all going sour at NBN.:banghead:
God help Australia. Pleaseeeeeeeeeee!

It is obvious that the footprint of this project is going from a size 12mens to size 3 baby's.

Oh well!!!
 
joea said:
Well CEO Patrick Flannigan quit NBN a few days ago.

Today it appears Cost and Resource estimates Manager has quit NBN.:eek:

A bit of a murmur $4 bullion over estimate. Thats only about 10%.:eek:

So it looks like its all going sour at NBN.:banghead:
God help Australia. Pleaseeeeeeeeeee!

It is obvious that the footprint of this project is going from a size 12mens to size 3 baby's.

Oh well!!!
Click to expand...

I wonder how the guvment is NOT tellig us!!!!!!!!!!
 
Top