More NBN Blowouts As Connroy Takes Pot Shot At Fin Review

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Communications Minister Stephen Conroy who hates being challenged has now vented his spleen on the new editor of the Australian Financial Review for waging a campaign to have Labor thrown out of government at the next electionFirst it was News Ltd for daring to challenge Conroy’s NBN project which is already running billions over budget.

Yesterday NBN Co chief Mike Quigley confirmed further budget overruns of between $1 billion and $1.5bn due in part to change in the way that homes will be connected to the NBN.

Last week, NBN Co executives revealed that homes would now be automatically linked with fibre unless owners opted out.

At the time, Mr Quigley said the cost of that change was not “billions, but it’s not a few hundred million.”

But speaking to ABC 1’s Inside Business yesterday, the NBN Co chief executive confirmed that the change could cost as much as $1.5bn.

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