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Creative maths taints NBN Strategic Review's revenue argument

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Offline Aussie Keith

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Summary: Careful reading of the NBN Strategic Review's financial projections suggests its authors have taken gross liberties to ensure the revised NBN model stacks up better on paper than the current rollout.

Creative maths taints NBN Strategic Review's revenue argument | ZDNet

Well!!! Who'd a thunk it??

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Offline Aussie Keith

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Check it out here.

NBN Co - National Broadband Network - Australia | Strategic Review

http://www.nbnco.com.au/content/dam/nbnco/documents/NBN-Co-Strategic-Review-Report.pdf

I guess I need someone to explain to me how a service that doesn't have the revenue earning capability of the original proposal (its not a high speed network) and then needs to be replaced the year after its deployed - aside from all the on costs - is going to cost us less and yet earn more revenue.  It's some kind of financial miracle to be sure.
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Offline Ugly Mongrel

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Check it out here.

NBN Co - National Broadband Network - Australia | Strategic Review

http://www.nbnco.com.au/content/dam/nbnco/documents/NBN-Co-Strategic-Review-Report.pdf

I guess I need someone to explain to me how a service that doesn't have the revenue earning capability of the original proposal (its not a high speed network) and then needs to be replaced the year after its deployed - aside from all the on costs - is going to cost us less and yet earn more revenue.  It's some kind of financial miracle to be sure.

Easy peasy, Keith. Hockynomics!
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