A 4SquareMedia Website

SECTIONS
> Wearable Technology
> Appliances
> Automation
> Automotive
> Buyers Guide
> CEDIA 2010
> Comment
> CES
> Content & Downloads
> Digital Photography
> Gaming
> Green Energy
> HD
> Home Cinema
> Home Office
> How Stuff Works
> Installation
> Portable Players
> Media Centres
> Phones
> Real Sound
> Reviews
> Smart Awards 2013
> Smart Ideas
> Trio Awards 08
> TVs & Large Display
> Wireless & Networking
Broadband
Industry
Modems
Routers And Switches
PRODUCT REVIEW
> Featured Reviews
SERVICES
> Advertising
> Competitions
> Contact
> Disclaimer
> Signup
> Terms & Conditions
SUBSCRIBE
> Subscribe to Newsletter
> Subscribe to Magazine



Top 10 Viewed Articles
  1. Who Has The Best LCD TV: Sony, Toshiba Or Samsung?
  2. FIRST LCD TV REVIEW: LG Scarlet 60 Vs Samsung Series 6
  3. Sony PS4 Not Far Away
  4. The Humble PC Gets A Whopping Makeover
  5. Sony Bravia LCD TVs Vs Samsung LED HD TVs Which is Best?
  6. Toshiba Working With Microsoft On New Entertainment Xbox
  7. Blu-ray Xbox 360 Planned By Microsoft
  8. Massive Failure Rate For Xbox 360 Exposed
  9. Free Sony PS3 Con
  10. How To Build Your Own Digital Media Server: Part I
Top 10 Viewed Reviews
  1. First Review: Samsung Series 7 LED TV
  2. Movies On-The-Go With Teac DVD Boombox
  3. Who Has The Best 32-inch Screen: Panasonic, Samsung, or Sony?
  4. Who Has The Best Home Theatre Kit? Denon vs Bose
  5. Every Bit Of Defence Counts
  6. New Denon Home Theatre Makes Bose Look Like Yesterdays Technology
  7. Best Media Player On The Market
  8. At $1,499 The Aldi Medion 17-inch Notebook Is A Steal
  9. Affordable Noise Cancelling Headphones That Work
  10. B&W 600 Speaker Delivers Real Sound





SECTIONS / WIRELESS & NETWORKING

NBN Heading To Be A $90 Billion Disaster Coalition To Reveal

By David Richards | Monday | 08/04/2013

New analysis of the costs associated with the national roll out of the NBN reveal that the project could blow out to be a $90 Billion disaster for Australia.

The pet project of Communications Minister Stephen Conroy was initially scheduled to cost $56 Billion dollars. Currently the project is behind time with observers now claiming that it could take an additional 4 years to roll out.

The administrators of the NBN Co who have surrounded themselves with the same trappings as big profitable businesses, are struggling to manage contractors who have been accused of poor workmanship and are months behind schedule. 

According to the Daily Telegraph the Coalition policy claims retail prices charged to consumers would rise annually over the next nine years at double the rate of household electricity bills.

Using modelling from key Telco's and finance industry analysis of the NBN Co's 2012 corporate plan, the Coalition has estimated it will take four years longer to finish and potentially cost an extra $45 billion to complete.

The findings are expected to be released this week by Opposition Communications Spokesman Malcolm Turnbull reveal that  the real capital costs laid out by NBN management will more likely reach $71 billion, not the $37.4 billion claimed by NBN management who, in September, could find themselves reporting to a new Federal Government.

NBN executives have already admitted to a $1.5 billion cost blowout in the capital cost - to $37.4 billion - with a total cost to taxpayers of $44.1 billion.

Despite the delays and the blowout in costs NBN management has surrounded themselves with layers of PR and communications specialists in an effort to dress up their failings.

Macquarie Bank estimates that from January this year of the real cost per household of the rollout is going to end up being 40 per cent higher than what was being forecast, they also claim that is the project that is currently 50% behind schedule will not be completed until 2025, four years behind the scheduled completion date.

The overall cost to the taxpayer will most likely reach $94 billion, the 12-page costing document claims, also identified is the fact that very few people are signing on to get the fibre based broadband service.

"Australia ranks as one of the most expensive countries in the OECD when it comes to the cost of telecommunications," Mr Turnbull told The Daily Telegraph.

"Labor's NBN will hinder Australia competing effectively in the digital economy. The NBN doesn't have a budget - Labor have handed the NBN a blank cheque and asked them to keep the country updated as to how much it is costing."

Communications Minister Stephen Conroy has accused the Coalition of having "half-baked broadband thought bubbles" rather than a policy.

Print this article
Email this story to a friend
Link this story:
Link this page to delicious Link this page to Digg Link this page to Furlit Link this page to News Vine Link this page to Reddit Link this page to Spurl Link this page to Yahoo My Web RSS this section





LATEST REVIEWS
New LG 65   New LG 65" Ultra High Definition TV, Complete With Pop Down Speakers: REVIEW
LG Australia has finally rolled out their 65" Ultra High Definition TV offering in Australia and what you get is a TV that delivers a quantum leap in TV technology and surprisingly a significantly improved sound system that is delivered from pop down speakers but the big question is whether it is worth $6,999.
Product Rating 4.5

Westfield To Split   Westfield To Split
Shopping giant to separate ANZ, international operation
Product Rating 0

REVIEW:Note 3 Is The Best There Is In Phablet Smartphones   REVIEW:Note 3 Is The Best There Is In Phablet Smartphones
If you are one of those people who love technology but struggle to manage the hundreds of apps and the endless capabilities that today's smartphones are capable of delivering then the new Samsung Note 3 is not for you.
Product Rating 5




SMARTHOUSE NEWSLETTER
Get the latest news
Subscribe today for your daily news of consumer electronic news...
Get the latest news

ADVERTISE
SmartHouse
reaches over 2 million consumers a year. Contact us today about special deals..

For more information ...

LATEST ISSUE
Smarthouse's
Apr/May 2011 issue

reviews the hot new iPhone attach device, the Zeppelin Air. And we look at what's going on in the tablet space...