Today I had a short spot on The 7PM Project discussing the Government’s plans for a National Broadband Network and contrasting it with the Liberal plan. The NBN is a massive undertaking, at $43 billion, and given the cost we’d expect to see a pretty solid cost-benefit analysis, yet none has been forthcoming. It’s therefore hard to know quite how enthusiastically to support the NBN.
I do have a soft spot for a bold, forward thinking and long term project like this one, and I appreciate as well as anybody what this might mean in terms of future educational and business opportunities for the country. The need for connectivity will not go away, so I think the Commonwealth’s asset, in NBN Co, will have real value. I want this for myself and my business. It’s slightly concerning that it requires a leap of faith, but there you have it.