How the NBN is saving Australia’s economy $2 billion a year: Government report

The Government’s own report, released on Tuesday, shows Australia’s national broadband network is saving $2.2 billion to $3 billion per year on the average per household cost.

But the report says the Government’s plan to replace fibre-to-the-premises (FTTP) broadband with fibre-optic networks is costing $1.5 billion per month more than the government originally expected.

The Government has also cut back on the amount of money allocated for a National Broadband Network (NBN) rollout, which was to be rolled out by 2021.

“The National Broad-band Network is expected to cost approximately $1,200 per household per month,” the report states.

“[The NBN] will not provide enough affordable access to a broad range of services to meet the needs of all Australians.”

“We are confident that we have an efficient, cost-effective and viable NBN that will meet the national broadband needs of Australians,” the NBN spokesman said.

A spokesman for NBN Co said the report was based on a study done by an independent expert group.

He said the NBN was designed to connect as many people as possible to the NBN’s network and “does not include any additional cost savings or cost overruns”.

“NBN Co is currently assessing the cost implications of the NBN rollout, including a number of measures to help reduce the cost of the rollout,” he said.

“These include increasing the capacity of existing infrastructure to support the rollout, and increasing capacity of NBN Co’s existing network to accommodate new and future infrastructure requirements.”

The NBN has been under pressure to deliver faster, cheaper and more reliable networks to millions of Australians, as well as to boost its profits.

Under Labor, the Government had been pushing to upgrade the NBN to a fibre-coaxial (FC) network to replace FTTP.

In February, the NBN Co chief executive Mike Quigley said the rollout would be completed by 2021, although the Government has since backed off from that target.

Labor has now changed its tune and promised to start rolling out the NBN by 2020.

Opposition Leader Bill Shorten has said he has no problem with the NBN being upgraded, but the Labor Leader wants the Government to invest in new fibre-based technologies, rather than replace fibre to the node (FTTN).

He also wants the NBN delivered on time, to reduce the risk of the network becoming unstable, or “broken”.

Labor also wants NBN Co to invest $1 billion to build the NBN.

NBN co has been facing criticism from critics over the cost and lack of transparency of its NBN rollout.

It’s unclear whether the Government is committed to rolling out fibre-only fibre-computing networks, such as the ones in Western Australia and Queensland, or is considering replacing it with fibre to every home.

One of the key criticisms of the Government was that it had not completed the NBN, despite announcing a $2bn NBN rollout in August 2016.

Last year, the Federal Government also delayed NBN Co rollout by a year, with Labor’s Malcolm Turnbull claiming the NBN had been delayed for too long.

At the time, NBN Co CEO Bill Morrow said he was confident the NBN would be delivered by 2020 and was confident NBN Co would continue to deliver the services it was designed for.

Now, it seems NBN Co may have been able to deliver on that promise.

Government spokesman Scott Morrison said the government would make the final decision on NBN Co in the coming months.

Topics:government-and-politics,broadband,nsw,communications-technology,internet-technology-and://electronic-communication,internetaustralia,canberra-2600,austria,nbr,sydney-2000More stories from New South Wales

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