OK, the NBN, it's a good thing. Everyone agrees that we need a better, faster and higher capacity communications network than we have now. But the question remains: Should we spend all that money (in excess of AU$32 Billion) on the NBN or other important things like roads...????
As you can see from this article the question isn't even wrong. Critically, the spend on the NBN isn't dead money (like spending on roads or politicians salaries) it's actually an investment that will return REAL PROFITS. How? Pretty simple: invest in the unified network and reap returns from subscribers. The equation is pretty simple: borrow money at (about) 3% and get yearly returns in excess of 7%.
Did I mention world class communications that will future proof the country? Sounds like a pretty good deal to me.
Six Myths About The NBN You Should Stop Believing Right Now | Lifehacker Australia
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