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Turnbull explains it so simply in today's paper so that even galahs have no excuse for their ignorance.
http://www.theaustralian.com.au/opi...realistic-choice/story-e6frg6zo-1226619379754
We also modelled NBN revenues. NBN Co assumes it can increase broadband access revenues by 9.2 per cent a year in real terms, and in doing so increase the share of household income devoted to fixed-line telecoms by 60-70 per cent. Our more realistic assumption (shared by independent telecoms analysts) is that its share of the wallet will stay constant.
The NBN's corporate plan admits Labor intends to triple wholesale charges across the next decade. That means the retail price for broadband will increase to at least $90 a month on average by 2021 for someone hooking up to the NBN.
It's a political statement yes, but is that a generic criticism of have you actually checked the information that supports it ?As has been expressed here by pro Coalition supporters it is a political statement based on lack of or straight facts or miss information which is fine as long as you understand its the political argument not the technical facts argument.
Note I am not praising Labor's political position either.
A classic was the statement in the video DR posted earlier that the Coalitions project was 5 times faster and Labors 10 times faster than present....... go figure.
The point I've been focusing on is its impact of affordability and thus the ability of households to financially access the higher end plans,
The Coalition's assumption is that revenue per user is constant as a share of GDP (equivalent to annual growth of 3.5% in inflation‐adjusted terms), as opposed to Labor's 9.2%.
I don't see a problem with the assumption that households will choose to spend more on home communication costs.
Once the NBN reaches a reasonable level of cover services like IP TV will become a decent sized market, companies like Netflix will be able to offer HD movie downloads, RSPs can start offering hosted services like backup or even virtual computers you can access of a lower powered device.
As for affordability, the current cost of 100Mbs plans is amazingly cheap. While it's not quite apples to apples, just do a search for a metro ethernet service and see how ridiculously expensive they are. RSPs are offering 100Mbs plans from around the $80 mark, going up to around $130 with 1TB of data.
Think back a decade to 128k ADSL and ask yourself whether you could have imagined that a typical broadband connection of 12Mbps (100x faster!) would be struggling to cope with demand today. Do we really think that demand will suddenly plateau now? I think not.
Take myself back a decade and I was paying the same for that 128k ADSL with a download limit of a few gig to where am now paying a similar amount in nominal terms for a service approximately 50x better in both speed and download limits, driven by technological advancement. The problem here with Labor's plan is that the rollout cost of the technology (fibre) is such that for the capital cost to be recovered and a ROI, many households may be priced out of the higher end plans which you claim to be so essential. This too in a constantly evolving technological environment.
You seem to be looking at this just from your own point of view. There are hundreds of thousands of people struggling to pay, eg, electricity bills, who do not want or need high speed internet, quite happy with what they have, and absolutely do not want to be forced to pay more.I don't see a problem with the assumption that households will choose to spend more on home communication costs.
You seem to be looking at this just from your own point of view. There are hundreds of thousands of people struggling to pay, eg, electricity bills, who do not want or need high speed internet, quite happy with what they have, and absolutely do not want to be forced to pay more.
Still there is no avoiding its a bit like connecting modern car front end to a 1956 FJ rear end with the hope you can screw 10 times the horse power out of the back end using future technology.
An NBN Co spokesman said there was confidence the 190,000 to 200,000 target would be met. "That's the target that we and our construction partners are working towards," he said.
Agree. Ditto medicine. The much touted E-Health program is full of problems, with many of the doctors who have attempted to engage in it having their computers crash, and others - liking the idea - have set up appropriately at their end but are unable to connect.The absurdity of overspending on this one infrastructure project at the expense of other items has been highlighted by the announced cuts to Universities. Education was touted as the big beneficiary of ultra high speed broadband, but what's the point if students are deterred from going to Uni by the increased costs that will be imposed upon them. Education would not have lost out under the coalition proposals, as education facilities, along with greenfield sites, have been identified as those who would get FTTP.
The absurdity of overspending on this one infrastructure project at the expense of other items has been highlighted by the announced cuts to Universities.
How? The funding is from entirely different sources.
How? The funding is from entirely different sources.
I listened to a report by Professor Michael Porter on the Bolt Report this morning
If any future government is dumb enough to privatise the NBN then they and those who elected them deserve everything they get.Should, as will likely be the case, the NBN get sold for a lot less than its cost to build, the face value of the bonds owing will be less than the revenue from its sale, so the difference will have to be funded from general revenue.
If any future government is dumb enough to privatise the NBN then they and those who elected them deserve everything they get.
The cost of building the NBN in the first place is, to a significant extent, just the cost of having privatised Telstra and allowed them to profit mine the infrastructure. Only a fool would do it again.....
If any future government is dumb enough to privatise the NBN then they and those who elected them deserve everything they get.
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