NBN worst case cost scenario (without Telstra): $18 billion dollars (1 Viewer)

[ibbi00]

Weren't you against NBN a couple of posts ago? You should get the premier's award for excellence in trolling.

 

[zombie omie jay]

ugh no i am against paying $8xx dollars per person to pay for it

i think its a great idea

but not if i am made to pay for it

 

[aussie-boy]

ugh no i am against paying $8xx dollars per person to pay for it

i think its a great idea

but not if i am made to pay for it

Ohh , you didnt get what I was saying.

$18bn/21m people = Gov spend of $857pp

 

[zombie omie jay]

where does the govt get their money from bro

 

[zombie omie jay]

but wartortle, the govt spends the $857 not the people

 

[pman]

but wartortle, the govt spends the $857 not the people

the gov spend the cash but we provide it

 

[zombie omie jay]

sigh

 

[vanush]

lol

 

[Debauchee]

we need 100mbps internet speed for economic growth

 

[iRuler]

100mbps sounds good, but the cost is too much.

 

[Phoenix Fury]

100mbps sounds good, but the cost is too much.

Agreed.

Surely there would be a cheaper way to go about it y/n?

 

[Slidey]

we need 100mbps internet speed for economic growth

I hope you're trolling or you're the worst fucking libertarian/anarcho-capitalist I have ever met.

 

[Slidey]

A little-mentioned part of the NBN is that it is being funded on the basis that the rate of return must match the long-term bond rate of 6 or 7%.

I.e.: as far as I can tell, the government will get the money back in the long term with interest, somewhat mitigating claims of waste (i.e. money could be better spent elsewhere - well it looks like it will be spent elsewhere eventually). Estimations from the report are that the break-even point would be 7 years in.

Dan, your post about the efficiency of the rollout is interesting. What are you reading about it atm?

 

[SnowFox]

aboriginals arent going to utilise 100mbps internet to download petrol are they
(or are they?)

and they are lagging in quality of life, the rest of us are leading the world

OLD WAYNE PETROL BOWSER. "DOUBLE". HOBART Pick Up. - eBay, Petrol, Advertising, Collectables. (end time 07-May-10 21:18:32 AEST)





BTW Broadband networks are currently fast enough to support long distance surgery. $1Bn of this could be used to send Internet filters to parents, thus giving them the option to be fucked over by Christian morals.

 

[Debauchee]

If we're talking intangibles, look at the opportunity cost of not spending the $18bn, i.e. massive sacrifices in economic growth.

I hope you're trolling or you're the worst fucking libertarian/anarcho-capitalist I have ever met.

ffs

 

[Lentern]

So much for the $43 billion dollar figure.

A comprehensive study of the infrastructure project concludes that the cost would be between $25 and $35 billion, of which half will be funded by private industry, for a cost of between $13 billion and $18 billion to the government, depending on factors such as whether Telstra is on board or not.

Significantly less than predicted by both government (initially) and critics.

NBN study to be revealed today

Edit: I forgot to mention that this is over 8 years. Up to $18 billion over 8 years, so about $2 billion per year.

I recall suggesting around the time of last years budget that the government were trying to create inflated expectations of debt so they could turn round and say "hey look its nowhere near as bad as everyone thought, aren't we swell." I didn't specify where I thought the money was being stashed but in a way I suggested they were making their projects seem less affordable than they actually are.

 

[Slidey]

I recall suggesting around the time of last years budget that the government were trying to create inflated expectations of debt so they could turn round and say "hey look its nowhere near as bad as everyone thought, aren't we swell." I didn't specify where I thought the money was being stashed but in a way I suggested they were making their projects seem less affordable than they actually are.

Yeah, I was fully expecting this - it's a typical Rudd thing to do, and I believe you're 100% correct.

Similarly I think this mining resource tax was set at 40% so that the government could negotiate it down to something like 30% instead of having to negotiate up.