Australian (ASX) Stock Market Forum

NBN Rollout Scrapped

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bellenuit said:
I have only seen this segment, but Abbott looks stupid the way he is staring directly at Turnbull instead of facing the journalists.
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He probably didn't want to take too many questions.

The full segment was about 40 min and I thought Malcolm Turnbull presented his case well. Tony Abbott did chip in occasionally, but let Malcolm do most of the talking. Appropriate for someone who is self confessed as being no Bill Gates. Overall, it presented well in my view.

As for the merits (or otherwise) of each of the major parties policies, I'm sure that will be the subject of much debate.
 
So_Cynical said:
(16th-February-2013) This is going to be a mess, politically the noalition cant continue the roll out as planned because they fought so hard against it that to turn around and support it would make them look stupid...so they will have to tinker with it, so it can be re-branded as their own.

And that's going to lead to a half arsed NBN.
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Well we dint have to wait long, its official...a half arsed NBN is what we will get.

Still nice to see the noalition produce a policy for something at last..a half arsed policy is better then nothing, same as a half arsed NBN i suppose.
 
So_Cynical said:
Well we dint have to wait long, its official...a half arsed NBN is what we will get.

Still nice to see the noalition produce a policy for something at last..a half arsed policy is better then nothing, same as a half arsed NBN i suppose.
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the Libs policy is far superior to the rubbish Stephen Conroy is trying to sell us.
Fibre to the premise for everyone, so grandma who sends a few emails a week gets 100mps

Conroy is a dim wit and he is blowing billions of dollars that we'll never get back.

Turnbull is smart, he's been in the business and knows what he's talking about Conroy splutters on about nothing. ......his specialist subject.

You just have to look at the dumb expression on his face to realise he's underqualified mentally to drive a tram.
 
MrBurns said:
the Libs policy is far superior to the rubbish Stephen Conroy is trying to sell us.
Fibre to the premise for everyone, so grandma who sends a few emails a week gets 100mps

Conroy is a dim wit and he is blowing billions of dollars that we'll never get back.

Turnbull is smart, he's been in the business and knows what he's talking about Conroy splutters on about nothing. ......his specialist subject.

You just have to look at the dumb expression on his face to realise he's underqualified mentally to drive a tram.
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Your argument is based on numerous fallacies.

First, Grandma doesn't have to get 100Mbps on the NBN. She can get 12Mbps and save 30% on what she pays today for ADSL2.

But when she kicks the bucket and a family move in to her old place, they can choose 25, 50, 100, 250, 500 or 1000Mbps over that same connection Grandma was using, should they so choose.


Malcolm Turnbull got out of "the business" before domestic broadband even existed! He might have been an expert on 56k modems, but there have been one or two changes since those days.

You won't find too many people in "the business" today that think spending $30bn on FTTN is a better investment than $44bn on FTTP.
 
MrBurns said:
the Libs policy is far superior to the rubbish Stephen Conroy is trying to sell us.
Fibre to the premise for everyone, so grandma who sends a few emails a week gets 100mps
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Time to look at Telstra shares again. So the Libs are going to pay Telstra how many millions of dollars every year to maintain the decaying copper network? It's a win either way for Telstra who have been hemorrhaging money for years maintaining the CAN with it's declining revenue and high maintenance costs. Yes indeed, a real forward thinking policy. :eek:
 
NBNMyths said:
Your argument is based on numerous fallacies.

First, Grandma doesn't have to get 100Mbps on the NBN. She can get 12Mbps and save 30% on what she pays today for ADSL2.

But when she kicks the bucket and a family move in to her old place, they can choose 25, 50, 100, 250, 500 or 1000Mbps over that same connection Grandma was using, should they so choose.


Malcolm Turnbull got out of "the business" before domestic broadband even existed! He might have been an expert on 56k modems, but there have been one or two changes since those days.

You won't find too many people in "the business" today that think spending $30bn on FTTN is a better investment than $44bn on FTTP.
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Grandma WILL get fibre to the premise..........that costs money, so we have to wait for Grandma to die and PERHAPS the new occupants of the house will send a few emails too, your argument is full of holes like Conroys brain.

Turnbull knows what he's talking about you only argue the Govts policy.......the Govt that have failed at everything they do and you think their application of $40B to this project will be any different ? errrrr sorry $90B
 
FxTrader said:
Time to look at Telstra shares again. So the Libs are going to pay Telstra how many millions of dollars every year to maintain the decaying copper network? It's a win either way for Telstra who have been hemorrhaging money for years maintaining the CAN with it's declining revenue and high maintenance costs. Yes indeed, a real forward thinking policy. :eek:
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What decaying copper network ?
It may last for years it's an unknown and will be replaced based on need.
 
FxTrader said:
Time to look at Telstra shares again. So the Libs are going to pay Telstra how many millions of dollars every year to maintain the decaying copper network? It's a win either way for Telstra who have been hemorrhaging money for years maintaining the CAN with it's declining revenue and high maintenance costs.
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As apparently evidenced by today's rise in TLS SP.
 
MrBurns said:
What decaying copper network ?
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This one:
http://www.thesociety.org.au/home/2012/05/01/worst-of-the-worst-photos-of-australias-copper-network/
Here's a few samples:
37343__can11.jpg
6a9b8__1.jpg
718c8__13.jpg


Personally, I know that the copper in my street is excellent, because it was replaced last year. But that replacement gave a very good indication of just how bad it is generally.

Although my house (and therefore local copper line) is only 8 years old, my area was built out in 1973 making the street copper ~40 years old. Quite young compared to a lot of areas. It's an area with a lot of rock and very good drainage. Certainly not a challenging environment for copper. About half the copper in my street is underground, the rest is on poles. Then it's underground from the end of my street to the exchange, about 1km away.

Until the replacement, I was getting an ADSL2+ speed of 9Mbps down and 0.4Mbps up. Then, fortunately, a tree fell on the power lines up the road. This brought the power lines down onto the phone lines, causing a short which succeeded in turning the entire bundle for the street into a mass of molten copper and plastic.

I was without phone/internet for 2 weeks, which was a pain. But after that I now "enjoy" speeds of about 15Mbps down and 0.9Mbps up. Now it only takes me 10 hours to send a bunch of photos to Sydney, instead of 16 hours.

Given my experience and the extensive list of photos linked above, I think it's pretty safe to say that there is a lot of the copper network that is well past its best.
 
Julia said:
As apparently evidenced by today's rise in TLS SP.
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I think that may have had more to do with the fact that the Libs confirmed they wont be scrapping it.

So_Cynical said:
we'll never get back??? you make it sound like the NBN is going to cost us something?
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Ever known the implementation of a Labor policy that didn't ?

Fact is this will be faster than we have now, it will be up and running quicker and cheaper and best of all, it will be done.
 
MrBurns said:
What decaying copper network ?
It may last for years it's an unknown and will be replaced based on need.
Click to expand...

I worked for Telstra for 13 years and I can assure you it's a costly nightmare to maintain and manage along with the ADSL infrastructure that delivers so called broadband service today over the CAN. You quite obviously know little or nothing about this and your views on the NBN are clearly steeped in political bias and so the merits of what the current NBN delivers escapes your attention. Paying Telstra to maintain the CAN is destined to be a short term policy and Telstra shareholders will be the primary beneficiary. I am certain Turnbull and the Libs know this but are betting the short term savings pitch will have voter appeal. The current NBN must be dumped since it was not Liberal idea nor would it have ever been.
 
NBNMyths said:
This one:

Personally, I know that the copper in my street is excellent, because it was replaced last year. But that replacement gave a very good indication of just how bad it is generally.

.
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It's not all like that no point throwing the baby out with the bathwater.

If anyone's unsure ask yourself this......who do you trust, Conroy or Turnbull.....game over.
 
FxTrader said:
I worked for Telstra for 13 years and I can assure you it's a costly nightmare to maintain and manage along with the ADSL infrastructure that delivers so called broadband service today over the CAN. You quite obviously know little or nothing about this and your views on the NBN are clearly steeped in political bias and so the merits of what the current NBN delivers escapes your attention. Paying Telstra to maintain the CAN is destined to be a short term policy and Telstra shareholders will be the primary beneficiary. I am certain Turnbull and the Libs know this but are betting the short term savings pitch will have voter appeal. The current NBN must be dumped since it was not Liberal idea nor would it have ever been.
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I'm sure it costs a lot to replace it as well.
Most people would be happy with the speed increase provided by the Lib plan those who want more will probably be businesses and they just might have to pay.
My opinion is not really based on a political view but a view of who is going to be charged with implementing the NBN, Labor are proven failures and the Libs seem to get things done.
 
MrBurns said:
I'm sure it costs a lot to replace it as well.
Most people would be happy with the speed increase provided by the Lib plan those who want more will probably be businesses and they just might have to pay.
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That's a bit like saying you have a worn out car that will manage another 10,000 km at best and then only with extensive maintenance and smoke blowing out the exhaust. Sure, a new car will cost more but pretty soon you're going to have to pay anyway.

If we build the Liberal NBN today, then it will only be a few years until we have to go back and do what is currently planned anyway. At best, the Liberal plan defers the expense by a few years but also increases the final cost due to rework.
 

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