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HOME OFFICE / BROADBAND & WEB HOSTING

  Budget 08 : Broadband Plan To Rival Snowy Scheme

By Branko Miletic | Tuesday | 13/05/2008

The 2008 Federal Budget will deliver a national broadband network aimed at delivering high-speed internet services to 98 per cent of Australians and is claimed will rival the Snowy Mountains hydro scheme in terms of both its scale and significance.

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The $4.7 billion national broadband network (NBN) has been touted by Communications Minister, Senator Stephen Conroy as one of his governments' top priorities.

The Rudd government will also provide $8.6 million over five years to be used to develop and monitor the roll out of the NBN.

Telstra and the G9 consortium led by Optus are the only two confirmed bidders to build and operate the proposed network.

Other communications measures announced last night include funding of $270 million over four years to ensure the continuation of the Australian Broadband Guarantee (ABG), which will pick up the remaining two per cent of people not covered by the NBN and $37.9 million to assist in the switchover from analog to digital television broadcasting.



 

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