Conroy Makes Greece Look Thrifty on Broadband
A study released by the Economist Intelligence Unit reveals both the leverage and lunacy required to press ahead with the NBN.
Labor is investing the equivalent of 249% of annual fixed line revenues on the NBN — more than two and a half times more than the next most lavish spender, Greece. In the current circumstances, being 2 1/2 times as extravagant as Greece speaks volumes for the recklessness of the Gillard Government.
It shows the lunacy because no other country around the world is intervening in the private market to the extent to which the Gillard Government has. The study assessed not just current internet infrastructure but Government planning into the future – on that account, we were ranked 8th out of 13 countries assessed. Whereas Stephen Conroy is investing only in FTTH, the rest of the world will invest in competition, affordability and in innovation.
When I was in China recently, I met some Government officials who were astounded that the Australian Government could intervene so heavily in the market and the Economist study observes too that China’s approach is a more competitive one, with less government intervention, than Australia’s.
And yet, few people in Australia are aware of the extent to which this project has become an object of bemusement around the world. As the Economist study notes: ‘The outstanding example of extreme government intervention is Australia’.
Labor is entitled to argue that it knows better than the rest of the world. But it should at least do the responsible thing and have its assumptions tested by an independent body such as the Productivity Commission.
18 Responses to “Conroy Makes Greece Look Thrifty on Broadband”
“And yet, few people in Australia are aware of the extent to which this project has become an object of bemusement around the world.”
In making such a blatantly false statement, my respect for you declines ever more. To the contrary, the NBN is seen as a guiding light by a swath of telecommunication and IT leaders from around the World.
People like Vint Cerf (the co-inventor of the internet), Vittorio Colao (CEO of Vodafone), Steve Wozniak (Co-founder of Apple), Eric Schmidt (CEO of Google), Dr Hamadoun Touré (Boss of the UN Telco section), Paul O’Sullivan (CEO Optus), Dr Gordon Bell (Head of research as Microsoft)….
The list goes on and on, with their complete quotes listed here for all to see:
http://nbnmyths.wordpress.com/what-do-the-experts-say/
If the glowing praise of these industry leaders is your definition of “bemusement”, then I think it’s time to take a look through the dictionary.
You are so awesome for helping me solve this mytsrey.
Real brain power on dilspay. Thanks for that answer!
“Labor is entitled to argue that it knows better than the rest of the world.”
Yet another disingenuous statement.
You make it sound as though there is some worldwide consensus on broadband policy, and the NBN is going against it. As you well know, nothing could be further from the truth.
There are no two countries who share the same broadband policy.
Therefore, one could equally apply your statement to every other country in the World. It’s quite likely, in fact, that your own hobbled-together broadband policy will also be different to every other broadband policy in the World. Should we therefore assume that you know better than everyone else?
This could not psosbily have been more helpful!
Thanks for sharing. What a paleusre to read!
[...] on from Shadow Communications Minister Malcolm Turnbull’s use of an apparently flawed Economist Intelligence Unit report to attack the National Broadband Network, Greens communications spokesperson Scott Ludlam has [...]
Heck yeah this is exactly what I neeedd.
If not for your writing this topic could be very conovluetd and oblique.
Hi Malcolm,
The worst ranked country considering all policy indicators was Singapore, which is spending $US733 ($A750) in public money per household, followed by South Korea and Japan.
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That are by accident countries that achieved fast Internet access. Do we do something right here?
Regards
Peter
I have been so bewlidreed in the past but now it all makes sense!
This does look promising. I’ll keep conimg back for more.
One must question the accuracy of a report that got so many basic facts about the NBN wrong.
Connection figures out by almost 100%
For example, they based their results on the NBN only serving 7.45 million premises, when it will actually serve 13 million. This fundamental error makes a massive difference in any conclusion drawn by the report.
NBN speed out by 1000%
The report quotes the maximum speed of the NBN as 100Mbps, when it will in fact be 10 times faster than that at 1Gbps (1000Mbps). The maximum speed of the network is used to calculate a “broadband ranking”. The fact that they were out by 10-fold on the NBN capability makes that ranking worthless.
If the report got these basic, easily accessible facts wrong, what hope is there for anything else in it to be accurate?
Wowza, problem solved like it never happneed.
Wow! Great tihnking! JK
I’m quite pleased with the ifnoarmtoin in this one. TY!
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