Keeping national broadband
network in public hands
The Federal Government has introduced legislation into the Australian Parliament to keep the National Broadband Network (NBN) owned by the Australian people - ensuring fast, reliable and affordable internet now and into the future for all Australians.
Member for Robertson, Dr Gordon Reid inspecting the delivery of NBNCo fibre optics to a premises in Saratoga.
23 October 2024
THE Government committed at the election to deliver accessible internet for all, and they have continued to take that forward.
High speed broadband is essential to modern life – it allows Australians to work remotely, run their businesses more productively, video-conference with clients and colleagues, supply and receive telehealth services – while enjoying leisure with their families through streaming.
Minister for Finance Katy Gallagher said, “The NBN is critical national infrastructure, and we know that having a faster, higher quality NBN network has a huge impact on Australia’s economy – delivering a $400 billion uplift in GDP by 2030.
“Economic analysis commissioned by NBN Co shows that for every one megabit per second increase in average broadband speed, Australia’s productivity-driven GDP increased on average by 0.04 per cent.
“The Federal Labor Government is delivering a better NBN for Australians, investing $2.4 billion in the October 2022-23 Budget to expand fibre access to 1.5 million premises by 2025.”
The Coalition rushed to declare the NBN ‘complete’ so they could put it on the block for sale – selling out Australian consumers and regional communities.
The current Federal Government won’t let that happen. The legislation will ensure the NBN is owned by who it belongs to – the Australian people.
Minister for Communications Michelle Rowland said, “It is only a Labor Government that will ensure the NBN remains in public hands.
“Communities across Australia have told us that the job of upgrading the NBN is not complete, which is why we’re investing in more fibre and fixed wireless upgrades.
“Australians don’t trust the Coalition not to flog off the NBN just like they did with Telstra, resulting in higher prices and poorer services, especially in the regions.
“This Bill will ensure the NBN continues to deliver for all Australians – improving digital inclusion and price certainty for industry and consumers.
“The Government is delivering on our election commitments to provide fast, reliable and affordable broadband to all Australians, and only by keeping the NBN in the ownership of the Australian people will that vision continue to be delivered.”
What has already been done:
These upgrades have already made a real difference in the lives of Australians through faster more reliable internet access.
Keeping the NBN in public hands will lock in affordable and accessible high-speed internet for all Australians for generations to come.
Federal Member for Robertson, Dr Gordon Reid said, “The Federal Labor Government is protecting the NBN from Peter Dutton and the Liberal Party.
“We have seen from history and during Liberal governments that they have a fixation with selling off assets that belong to the Australian people.
“We know that when our assets are privatised, prices increase, and service delivery diminishes.
“I am proud to be a part of a Federal Labor Government that is investing in the technological infrastructure to move our country forward."