Australian (ASX) Stock Market Forum

NBN Rollout Scrapped

Legislation:
The NBN is supported by several pieces of legislation. The coalition won't have power in the Senate, and both the ALP, indies and greens support the NBN. That will make repealing the legislation difficult.​

That's the key...the green senators are mostly newly elected so sitting for 8 year terms...so the question is how many senators will Labor have left after the election, anyway the Senate terms are fixed so (has a quick google) expire on June 30 2014 :D the NBN is as safe as for at least the next 2 and a half years.

http://www.aph.gov.au/senate/senators/sen_exp.htm

Then we have troubles, 16 Labor senators vulnerable but i would reckon Bob Brown and the other 2 green Senators would be safe....surely the Australian electorate would not be stupid enough to hand the coalition the senate as well...look at what happened last time.
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Oh, well if they think it, then make it so. Heaven forbid the Govt not listen to every unqualified lobby group, and instead base their decisions on the advice of industry experts. You haven't answered my question though. How would you assess the benefits of uses not yet envisaged? Or do you think there will be no new uses for broadband?


The NBN doesn't "bypass" anyone. 93% get fibre, 4% get wireless and 3% get satellite. That's no secret, and never has been. The fibre coverage was actually increased from an original target of 90% to 93% on the recommendation of KPMG-McKinsey.

http://www.abc.net.au/news/2011-08-05/population-policy-sees-nbn-bypass-outback-town/2826088

joea
 
Then we have troubles, 16 Labor senators vulnerable but i would reckon Bob Brown and the other 2 green Senators would be safe....surely the Australian electorate would not be stupid enough to hand the coalition the senate as well...look at what happened last time.
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You don't have to look back at all. Just look at the disater currently happening with Bob having control of both houses.:D
 
You don't have to look back at all. Just look at the disater currently happening with Bob having control of both houses.:D

If the Greens reject Coalition legislation twice or three times, a double dissolution would soon fix that problem and put the Greens out on their ear.

I believe the Greens have reached their peak as more people begin to understand what they really stand for with their ideology.
 
"The NBN doesn't "bypass" anyone. 93% get fibre, 4% get wireless and 3% get satellite. That's no secret, and never has been. The fibre coverage was actually increased from an original target of 90% to 93% on the recommendation of KPMG-McKinsey."

http://www.abc.net.au/news/2011-08-05/population-policy-sees-nbn-bypass-outback-town/2826088

joea

I'm not sure what your point is. The NBN's target is 93% fibre. To acheive that, they must connect every town with >1000 premises, plus every town >500 premises IF it's located along the transit route.

The article is technically wrong. The NBN has never promised to cover "93% of the country" with fibre, they promise "93% of the population". They are two different things. Secondly, that town will still get the NBN, but it will be via wireless or satellite. Again, this is exactly what has been promised.

Giving fibre to every tiny town would cause the NBN budget to explode. eg, the incremental cost of taking Julia Creek from wireless to fibre was assessed at $1.14M. Now multiply that by 5,000 towns. BTW, Julia Creek's population is 368, Wudinna's is 513.

How much would you like the NBN to cost?
 
To date the NBN Co. has 4000 clients and 900 employees of whom 862 work mainly in corporate offices in Sydney and Melbourne.

The average wage cost per employee is $163,000 a year.

The $1 billion they have spent so far on rollout, works out at $250,000 per connection.

NBNMyths asks "How much would you like the NBN to cost?" I'm afraid that pink bats, overpriced schools and solar panels have taught the government nothing about waste and mismanagement.

Why should we pay a hugely excessive price "to give us something most people don't want, don't need and don't want to pay more for?" Abbott said.

http://www.theaustralian.com.au/new...t-another-fiasco/story-e6frg7ko-1226238498787
 
I'm not sure what your point is.

The article is technically wrong. The NBN has never promised to cover "93% of the country" with fibre, they promise "93% of the population".

http://www.minister.dbcde.gov.au/media/media_releases/2009/022

This is the original statement! Then it was upgraded.
I do not see population.
It was following this that Gillard made some sort of statement about taking the fibre cable to the homes.
And I think it was her statement that resulted in debates about what She said and what the NBN statement said.
I now give up!!
joea
 
http://www.minister.dbcde.gov.au/media/media_releases/2009/022

This is the original statement! Then it was upgraded.
I do not see population.
It was following this that Gillard made some sort of statement about taking the fibre cable to the homes.
And I think it was her statement that resulted in debates about what She said and what the NBN statement said.
I now give up!!
joea

The statement you linked to says:

"Connect 90 percent of all Australian homes, schools and workplaces...[with fibre]"

That's exactly what the NBN is doing (although now 93%)

That's not the same as "90% of the landmass of the country".

If you can't work out the difference, then it is I who give up.
 
To date the NBN Co. has 4000 clients and 900 employees of whom 862 work mainly in corporate offices in Sydney and Melbourne.

The average wage cost per employee is $163,000 a year.

The $1 billion they have spent so far on rollout, works out at $250,000 per connection.

NBNMyths asks "How much would you like the NBN to cost?" I'm afraid that pink bats, overpriced schools and solar panels have taught the government nothing about waste and mismanagement.

Why should we pay a hugely excessive price "to give us something most people don't want, don't need and don't want to pay more for?" Abbott said.

http://www.theaustralian.com.au/new...t-another-fiasco/story-e6frg7ko-1226238498787

Most of that rubbish is covered in a previous reply:
https://www.aussiestockforums.com/forums/showthread.php?p=678641#post678641

As for the second bit....

1. The cost of the NBN is in line with similar projects overseas, so the price isn't "inflated".

2. As demonstrated in every survey ever conducted about the NBN, most Australians do want it.

3. It doesn't matter if we don't want to "pay more for it", since it's cheaper than current phone+ADSL2 services anyway, and far, far cheaper than current comparable services (eg private fibre rollouts).
 
Can you give up though? I assume you are on the NBN Co. payroll. You wouldn't be propagating NBN Myths just out of admiration for Conroy. Would you?

We've already been through this. No, I'm not on NBN Co's payroll, and I don't have a huge amount of admiration for Conroy. I do have a lot of admiration for the NBN though.
 
To date the NBN Co. has 4000 clients and 900 employees of whom 862 work mainly in corporate offices in Sydney and Melbourne.

The average wage cost per employee is $163,000 a year.

The $1 billion they have spent so far on rollout, works out at $250,000 per connection.

NBNMyths asks "How much would you like the NBN to cost?" I'm afraid that pink bats, overpriced schools and solar panels have taught the government nothing about waste and mismanagement.
Create a proper Commission charged with responsibility for maximising the benefits of this technology for Australia.

That would largely fix the problem since, under this arrangement, government has no direct say in day to day operations, other than by means of replacing the Commissioner. That said, if the Commissioner is replaced, then it would be the Deputy Commissioner who automatically gets the job, not someone who the government simply appoints so there is still a reasonable limitation on government meddling.

That's how we built the electricity system, water, many roads, gas, railways etc and it produced relatively few real problems.
 
To date the NBN Co. has 4000 clients and 900 employees of whom 862 work mainly in corporate offices in Sydney and Melbourne.
Gee if that is true then there are 38 employees laying cable. 163k for the keyboard tappers and tongue waggers sounds about right. :D Contractors sssshhhh.

My opinion only (also only a small share holder, christ knows what major shareholders think, I shudder to think)LOL. They must be spewing.
Second rant for the night.
One of the old mans friends swears by Telstra and their divies. Won't say how much his parcel of shares has declined in value. :p:
 
What is your background in relation to the NBN ?

It's something to which you devote a lot of time.

Like say the way you devote a lot of time to trashing Gillard and the Labor Govt..are you on the Lib payroll Doc? :rolleyes:
 
I have perfectly good broadband access, the NBN does nothing for me. Unfortunately any criticism of the delivery of the NBN seems to be taken as a personal insult by the 'hang the expense' crowd. Taxpayers are personally insulted at being ripped off. Again.

Of the 4000 households so far connected to the NBN, just 2315 premises have begun using it, at $250,000 per connection. This is well down on NBN Co's earlier projection of 35,000 connections in 2011. http://www.smh.com.au/it-pro/governm...#ixzz1iO7224vV

Perhaps the rights to the NBN could be awarded to the ABC in perpetuity.:D
 
I don't think anyone would argue that.

What is your background in relation to the NBN ?

It's something to which you devote a lot of time.

Doc,

As long as none of my taxes are going to paying NBNMyths for his appearances on ASF whenever any PR drama in relation to this disastrous "rollout"unfolds, I couldn't give a monkeys.

If he being paid, he should declare it. If not, on with the discussion as far as I'm concerned.

gg
 
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