Business
Backflips and somersaults – the NBN black comedy takes a new twist – Michael West News
Paul Fletcher’s backflip is the last chapter of the saga of Australia’s broadband network – NBN – a national policy failure costing billions.
It’s cost $14.5 billion more than budget, is under-performing and now the Government wants to spend another $3.5 billion to upgrade it, while competition looms.
Australia is ranked 50 in internet speed worldwide. Were well below almost every country in Europe and North America and many including developing countries in South-East Asia. And we are failing badly when compared with our cousins across the ditch. Kiwis enjoy twice the average download speed of what Australians enjoy.
Australia coul…
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