Broadband Minister Stephen Conroy has assured that overall costs for the National Broadband Network shall not exceed the projected $43 billion.
On Wednesday Minister Conroy told ABC TV that “I’ve not met anybody around Australia who has said look … that’s going to blow out in costs” when questioned about the possibility of running over budget.
Australia’s nationwide broadband network is set to provide 100mbit/s fibre line internet to almost every house in the nation, at the very least making it an available option. Rather than working with fibre infrastructure already in use, the network will stand as an entity unto itself, being run by the government for 5 years after its completion.
The network is first being rolled out in Tasmania, as all of Australia’s Internet initiatives (whether successfully or not: remember the nationwide broadband filter).