longweekend58 wrote on Feb 20
th, 2012 at 12:01pm:
Your opening rant lost a lot of credibility when you referred to the NBN as a giant money-spinner. not even NBN Corp and the ALP think that and they are a optimistic as it comes. They are HOPING it might breakeven sometime in our lifetime.
Rubbish.....where do you get your lack of information???
NBN Facts.....On 7 April 2009, the government initially committed to investing up to $43 billion in the NBN.
On 20 December 2010, NBN Co Limited’s (NBN Co) Corporate Plan confirmed the total capital expenditure for the project is estimated to be $35.9 billion, less than the government’s original $43 billion estimate. The government expects to contribute $27.5 billion in equity for the rollout.
NBN Co’s Corporate Plan confirms that the NBN will provide all Australians with world-class broadband on a financially viable basis at affordable prices.
All Australians will benefit from the rollout of the National Broadband Network, either directly or indirectly. High-speed broadband is essential for Australia’s economy, future growth and international competitiveness. The NBN will improve access to business and job opportunities, health, education and government services and it will allow Australians to more easily share common interests and keep in touch, regardless of location.
People living in regional, rural and remote areas will have improved access to specialists and doctors without having to travel long distances. Students will have opportunities to expand their learning through access to education and research through material transmitted through the internet in real-time. Businesses with an online presence will become more competitive in a globally connected world.
The NBN is the biggest reform in telecommunications ever because it delivers separation between the infrastructure provider and retail services providers. This means better and fairer infrastructure access for retail services providers, greater retail competition and better services for families and businesses.
Online engagement can also reduce feelings of isolation and enhance family relationships. It can be of particular value to families or family members who are geographically isolated or live far from home.
Allen Consulting estimates that a 10 per cent increase in Australians using the internet will lead to an increase of 0.44 per cent to national GDP. In addition, if the number of Australian households connected to the internet increased by 10 per cent, it would provide gains to households of $2.4 billion per annum in terms of consumer surplus.
The Australian Government has committed that, by 2020, Australia will rank in the top five nations in the OECD in the portion of households that connect to broadband at home.Additional benefits include:
Education: High-speed broadband, delivered to every Australian household, has the potential to extend the reach, availability and quality of education services, regardless of location. The NBN’s greater capacity will allow for more immersive online interactions, resulting in higher quality outcomes for students. The Australian Government has committed that, by 2020, all schools, TAFEs, universities and higher education institutions will have the connectivity to extend access to online learning resources to the home and the facilities to offer students, who cannot access specialist classes via traditional means, the opportunity for online virtual classes.
Health: Australia’s health system is facing increased pressure due to our ageing population, increased rates of chronic disease and health workforce challenges. The NBN will enable homes, doctors’ surgeries, pharmacies, clinics, hospitals, aged care facilities and allied health professionals to connect to affordable, reliable, high-speed and high capacity broadband. This represents a major opportunity to improve the way healthcare is delivered in Australia. The Australian Government has committed that, by 2020, 20 per cent of medical consultations will use electronic or telehealth capabilities – meaning providers will be able to diagnose, monitor and provide ongoing care to patients remotely; saving lives, time and money for Australians, and particularly those who currently have to travel to receive healthcare.
http://www.nbn.gov.au/frequently-asked-questions/