and you consider the rudd gillard costing of $4.5bn....which was then adjusted to $40bn...acceptable.????
I consider you to be a very confused indivdual. The original costing wasn't $4.5 billion, it went up BY $4.5 billion
NBN Co's broadband network will cost more to construct and operate than first expected - about $4.6 billion over ten years – but roll out targets are being met, according to an update on its corporate plan.
The government's total investment in the NBN Co project will now be $30.4 billion, up from $27.5 billion. And operating expenditure will be about $26.4 billion between now and 2021, rather than $23.2 billion.
About 13,500 premises will be connected via either fibre, fixed wireless or statellite by June 2012, the updated plan reveals. A total of 92,000 will be connected by mid-2013, when the next federal election is expected, and about half a million premises will be connected a year later.
In the last corporate plan, written in December 2010, NBN Co forecast it would have 419,000 premises connected by June 2013.
Shareholder minister Stephen Conroy said NBN Co got access to detailed information about Telstra's network nine months later than expected.
“The detailed design of the volume roll out could not start until five months ago. The overwhelming bulk of the data needed to start the volume roll out was not available until conditions precedent were satisfied in March of this year,” he said.
“Only then could the NBN Co design teams have access to the lay out of all the Telstra pits and ducts across the nation.”
Since the last report came out NBN Co has signed a 40-year deal with Telstra to use its infrastructure. Telstra expects to get at least $11 billion, in 2010 dollars, over the life of the contract.
http://www.bordermail.com.au/story/185524/nbn-costs-blow-out-by-46bn/?cs=9