The Australian Labor Party has described the national broadband network as being on "life support" with the announcement on Friday that the total outlay would be $51 billion, compared to the earlier figure of $49 billion, described as "a cost blowout" that was "nothing short of a disaster".
The Australian Labor Party claims that the 2017-18 revenue target set by the NBN Co, the company rolling out Australia's national broadband network, the NBN, has been deliberately set low in order that the government could have a public relations coup.
The financial position of the NBN Co, the company rolling out Australia's national broadband network, the NBN, is likely to worsen due to competition from wireless networks once 5G begins to make its presence felt, the Shadow Communications Minister Michelle Rowland has warned.
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Just sell the whole thing to Telstra already. It can't get any worse.
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