Knobby22
Mmmmmm 2nd breakfast
- Joined
- 13 October 2004
- Posts
- 9,898
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1/3 of the cost? Hard to believe.
That's best case scenario costing on Libs vs worst case scenario costing on Labor. As I said previously, it is easy to present figures when no one bothers to question them any more.1/3 of the cost? Hard to believe.
In June 2011 Senator Stephen Conroy claimed the NBN Co and TUSMA payments to Telstra outlined in the two paragraphs above had a combined value of $11 billion in after‐tax June 2010 dollars. But the true present value (and cost to taxpayers) of these payments is in the range of $20‐25 billion if a 7 per cent discount rate (which more appropriately reflects the very minimal risk of non‐payment by the Government and a wholly government‐owned company) is used instead of 8‐10 per cent. The Coalition’s preference for a more honest and accurate estimate of the expense of this deal to the Government and NBN Co does not imply any stance regarding its validity, which was a matter settled by the parties at the time of the negotiation.
If Watson had the foresight of Conroy, he could have built millions of computers at the time, each costing tens of millions of dollars. But instead he used backward thinking and only built what was needed to meet foreseeable demand. And the computers he could have built using the then technology would have been completely future proof, as they used the latest in valve technology and what possibly could come along to replace valves. And look at the great deals he could have got from suppliers by placing a huge order for the supply of the then state of the art components that would meet supply for the next 50 years. Imagine where IBM would be today if they had Conroy in charge. Instead they missed out on the vast revenues they could have got by exploiting the computer age and all they can show for their troubles are 5 obsolete computers.
As a long time supporter on the ALP's NBN model, I would have thought that there would be some joy on your part that the Coalition is maintaining that basic structure and that their version can be rolled out quicker due to less overall capital works.
While the Coalition is not all going the way with FTTP, it remains and option for the future.
https://www.aussiestockforums.com/f...=21778&page=99&p=765182&viewfull=1#post765182
A glass that is 1/4 empty is 3/4 full.
After the brief honeymoon period from leaking their policy to News Ltd a couple of days early, the coalition 'NBN' plan has become the subject of almost universal criticism, which has now moved on to comedy and ridicule.
And it just keeps on getting better:
Mark my words. In 10 years, we will massively regret the decision to go with FTTN today.
This just in:
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http://www.theaustralian.com.au/opi...n-a-fast-machine/story-e6frg71x-1226618581105The National Broadband Network has been a case study in the cost blowouts and delays that are endemic to construction projects overseen by government. Experience suggests the real cost (for high speed rail) would be far greater and the rate of return massively negative. From cross-city tunnels to desalination plants, that is how these things work. Transport Minister Anthony Albanese's fondness for such a boondoggle is a reminder of the Gillard government's scant regard for the sensible use of public funds.
The Asian operator executives I spoke to in Hong Kong - people who have already built their own FTTH networks - go ashen faced when asked to consider the possibility of deploying similar networks in Australia.
An interesting perspective from north of the equator,
http://www.smh.com.au/it-pro/govern...ia-is-a-pipedream-analyst-20130411-2hnl8.html
Agree on all above points.I am hopeful, once the Coalition gets in that they will modify the policy again to enable easy access to fibre to the home.
The big problem they have is Tony's mouth opposing everything. I admire them for changing the policy as much as they have since they were so adamant originally.
I wish Labor would stop proposing big infrastructure items and Superannuation changes as they more they announce them the more Tony feels the need to say no way and paint the Coalition into a corner. , e.g the Melbourne/Sydney train link.
In my opinion it would be good coalition policy to send Tony on an Antarctic expedition for 3 months then bring him out closer to the election. He would enjoy it more also.
Is this blatant lie from Juliar's facebook a part of what Myths refers to as "comedy and ridicule?"
http://www.michaelsmithnews.com/201...thing-you-need-to-know-about-labors-atti.html
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