6 years ago
TURNBULL ON THE DEFENSIVE OVER 5G AND THE NBN
MICHELLE ROWLAND MP
Malcolm Turnbull was falling over himself last week when asked about the competitive threat posed by 5G to his second-rate copper network.
When questioning on 3AW turned to the value of his NBN he said:
"Let's just be very clear about this: I said when I became communications minister back in 2013, I said the Labor Party had wasted $20 billion on the NBN, which I don't think you can recover,"
Sorry Malcolm, but that is complete nonsense.
As of September 2013, the month you became minister, NBN had spent $5.7 billion in cumulative capital and operating expenditure.
These financials are in your own stitched-up report – you signed it off.
Furthermore, you promised to deliver the NBN for $29.5 billion and now it’s costing $49 billion.
It seems the only thing we can’t ‘recover’ is the billions you have funnelled into uncompetitive copper technology that is leaving taxpayers exposed and consumers worse off.