[LINK] Benefits of a digital economy enabled by the National Broadband Network

Marghanita da Cruz marghanita at ramin.com.au
Wed Sep 22 10:01:38 EST 2010

George Bray wrote:
> On Wed, Sep 22, 2010 at 7:15 AM, Stilgherrian <stil at stilgherrian.com> wrote:
>> I find it interesting that when he steers away from the prepared talking points, he twice mentions "destruction of wealth" in relation to the international fibre over-build of the late 20th century. The viewpoint is very much that of the investment banker: the money should have been invested elsewhere for the better short-term gain.
>> There's nothing wrong with that viewpoint, of course, at least in the right context. The very question is whether this is the right context.
>> Stil
> Yes, I find the coalition's determination of the NBN's value in only
> financial terms to very tiresome. It surely plays well to the half of
> the country where nothing should be done if it won't be worth more
> dollars down the track. Turnbull's comparison between a
> corporate/shareholder investment and a national/citizen investment
> marks the delineation of left and right political mantras pretty well.
> I saw this on the latest Q&A too, where Christopher Pyne phrased his
> comments in terms of taxpayers, not citizens. It's a fine point but it
> neatly shows who the intended beneficiaries are in any discussion on
> national investment and the "return" to those who pay.

The $43billion has to come from somewhere:\
*private investors

Those in favour of the NBN could deman that their super fund 

Marghanita da Cruz
Tel: 0414-869202

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