Good money after bad going into the bureaucratic, politically driven government monopoly NBN.
Monday, 13 January 2025
There was never a sound business case for the government to monopolize Australia's fixed broadband networks.
5G mobile networks represent just one example of the NBN technology being overtaken - with no taxpayer liability.
It's almost 20 years since Kevin Rudd went to a federal election with a back-of-a-beer-coaster plan for a government broadband bureaucracy.
Since then, commercial investment, cost and price reduction and competition-driven-innovation has been removed from fixed broadband networks - by law - in Australia.
We are much the worse for it. Go for a trip through any Asian country to compare and contrast how bad Australia has it.
Such genii as Stephen Conroy and Malcolm Turnbull are responsible for this disaster. Now the unmatchable genius of Therapeutic Albanese is directing another $3 billion taxpayer money into the NBN black hole.
Pity my country.