The NBN sounds all nice and fancy but when you look at the cost of the whole project its like we are throwing money away. The initial cost of this project was $37.4 Billion and completed by 2021 but latest reports show that it could blow out to $94 Billion and be delayed by 5 years. But will it really benefit us dramatically? The internet is at the fastest its been ever in Australia but how many people are complaining? Yet Australia's internet is seen as one of the slowest in the world. Is our society relying to much on computers and internet? These questions have to be asked for such a massive expenditure. But really how is it benefiting the government? They wont make much money out of this. Telstra, Optus and all the other internet providers will, so where is their contribution?
However will this new NBN really benefit the country as much as suggested? Will it help improve Australia's internet? Will it reach the whole of the country? These questions can only be answered in time when it has been fully rolled out, yet do the benefits out-way the cost of the system? Personally, at the cost of $94 billion dollars out of the pocket of the Australian population I do not believe the benefits out-way the costs!
http://www.theaustralian.com.au/australian-it/government/nbn-co-rejects-94bn-cost-blowout/story-fn4htb9o-1226624433543
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