Albanese’s Credibility Shot As 250 NBN Jobs Go
The credibility of Communications Minister Anthony Albanese is now thoroughly shot as the NBN’s major contractor for the rollout in NSW and Queensland announced 250 job cuts today.
Throughout the campaign, Mr Albanese has consistently said this project is being delivered on time and on budget – all while refusing to release the NBN’s updated corporate plan.
Yet NBN costs have already blown out by $5 billion and now it has been revealed that contractors cannot afford to keep staff working on the project.
Earlier in this campaign, Mr Albanese let slip that the NBN workforce is 40 per cent lower than the company had forecast by June 30.
Based on current trends, there is simply no way the NBN Co can achieve the ramp up required to meet its continuing rollout targets. The NBN is required to increase the pace of the rollout six-fold this financial year – and with a dwindling workforce.
The NBN now has just over 4,000 contractors to deliver fibre to 12.2 million households by 2021.
This compares to 5,200 contractors working on the New Zealand Ultra-Fast Broadband rollout, which will deliver fibre to 1.3 million houses by 2019.
The Coalition will conduct a thorough audit of the NBN rollout to inform Australians what it will really cost – in terms of time and dollars – to complete the project under Labor’s policy.
There is no way Labor can rollout the network in the timetable it has promised. To claim otherwise is to treat voters as mugs.