[AusNOG] Screw the NBN, says TPG: We'll do our own FTTB

[Nick Gale]

Actually for the "why now?" question. what about "why not now?"

mining won't last forever and what do you want to do with the economy once
its gone? I'd argue become a sci/tech powerhouse of a nation. Although
considering we don't even have a science minister at the moment that's
questionable.

------------------------------------------------
*Nick Gale*
*
T:* (08) 9425 5029*
E:* nick.gale at westernpower.com.au

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On 17 September 2013 19:31, Robert Hudson <hudrob at gmail.com> wrote:

>
>
>
> On 17 September 2013 21:27, Paul Brooks <pbrooks-ausnog at layer10.com.au>wrote:
>
>>
>> This is probably taking it a bit too far Rob - they are legally obligated
>> to provide a
>> working voice telephone service to almost everywhere. And we are all
>> legally obligated
>> to subsidise them for the costs to service uneconomic areas through the
>> USO - they get
>> paid to do the uneconomic bits, they are not a charity.
>> Fairness has never been a criteria, or a goal.
>>
>
> I understand the USO.  And when it was first developed, it may even have
> been sufficient.  These days, given the reliance of the world on Internet
> communications, it does not go far enough
>
>>
>> > And again - the NBN does *not* cost us (the nation) $37b. Or even $90b
>> if you choose
>> > to believe Turnbull's build costs. It costs us the interest on those
>> amounts, but
>> > only until the loans are paid back/bonds mature (and the rates are
>> stupidly low)-
>> > and then the country owns a modern, high tech infrastructure that will
>> drive the
>> > nation forward.
>> >
>>
>> This is one argument for "why now", whether or not you believe government
>> or private
>> interests should do something. If you're ever going to do something big
>> and bold (like
>> a national NBN, or a major subsea cable), the right time is when interest
>> rates are
>> stupidly low and debt is cheap to service - and not expected to raise
>> significantly
>> until you can pay it back. You certainly wouldn't take on that much debt
>> when global
>> interest rates were 10-15% like they were in the 1980s. (see
>>
>> http://www.ritholtz.com/blog/2012/01/222-years-of-long-term-interest-rates/
>> ).
>>
>
> A stronger argument for "why now" IMHO (though one that I do agree does
> rely on the support of the financial situation) is the fact that as a
> country, we're falling behind the rest of the world in terms of the
> availability of decent Internet connectivity, and this is going to cost us
> a substantial amount as a nation in the future.
>
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