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The Turnbull/Conroy/Rudd NBN's disastrous consequences for Australia

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The Australian Labor Party (maybe except for Albo) is running a campaign against "big business".

Part of its campaign includes this ad/infomercial about the evils of monopolies, published one day ago.

Also published on the same day was this ad/infomercial trumpeting Labor/Turnbull's catastrophic NBN - no lack of ironic humour in Sussex Street!

The Conroy/Rudd NBN, subsequently adopted by the galah Turnbull is a government-mandated monopoly.

It resulted in a capital drought affecting broadband service provision starting in about 2008.

Billions of dollars worth of viable infrastructure has been stranded and decommissioned.

And because its (borrowed) funding is government guaranteed, it operates like a bloated Soviet bureaucracy.  It has no competitive benchmark and there's no one else to turn to.

Does the Labor Party and its mate Turnbull think we are brain-dead?

The error on the part of the risk-averse conservatives in not undoing the NBN is a monumental one.

I knew Turnbull pretty well during the Rudd/Gillard/Rudd years and spoke to him every week or so, sometimes for hours.

He knows how damaging the NBN and its associated legislative effects are on the Australian economy.  But he chickened out on fixing it.

As communications shadow he took the low-risk path to government (supported by Tony Abbott and the then LNP leadership) rather than pursue the more difficult ethical and moral imperative of arguing against and dismantling the NBN.

Andrew Leigh is right about monopolies and the damage they cause.

The NBN will always be a lumbering, slothful behemoth incapable of covering its cost of capital, let alone producing a positive nett present value that could result in its sale.

It'll be reliant on cash injections forever along with L-A-W laws protecting it from competition.

It's truly tragic to watch Australia suffer this disaster.  For the past few years I've spent most of my time in South East Asia where I've enjoyed ultra fast broadband just about everywhere - and I haven't paid a single broadband bill.  Not one cent.  It's so cheap and fast that just about every hotel/cafe/shop offers it for free.

Australia could be like that too, but we've had 10 years of the Conroy/Rudd beer-coaster-design approach to a centralised economy.

Turnbull could have helped stop that.

But he cared more about himself and getting into power.

He deserves a caning at the next election and we deserve someone who'll stand up for us.