Selling the NBN Co to a private entity as a monopoly would be the worst way to ensure that the network is upgraded, a network expert says, adding that if the definition of insanity is to do the same thing repeatedly and expect different results, then privatising NBN Co as a monopoly would definitely qualify.
The Australian Labor Party has again hinted that it would look at a write-down of the value of the national broadband network if elected, a move that would bring down connection prices and help retail service providers.
The Australian Labor Party has labelled valuation claims of the national broadband network made by NBN Co chairman Ziggy Switkowski as bizarre and said no evidence has been produced to back up the price tag he has put on the company.
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