Implementation Report Gives Tick to NBN Project

Implementation Study Gives Tick to NBN

The Government today released the Implementation Study prepared by KPMG and McKinsey which was commissioned to examine myriad aspects of the NBN project, including the NBN's coverage, the Government's ownership, the operating arrangements of NBN Co Limited, commerciality and competition objectives as well as ways to attract private sector investment. In short the findings say NBN:

• is viable
• can be built for significantly less than $43 billion, and
• the Government will ultimately recover its investment on a sale.

Key findings of the Implementation Study

• The Government's objectives for the NBN can be implemented within the $43 billion earmarked for the NBN project, and the creation of the NBN may only cost around $26 billion. This can be achieved by deploying:
  • fibre to 93% of premises (up from the Government's promised 90%)