The corporate vultures are circling the ailing National Broadband Network after the federal government said it will spend money on it. Jim McIlroy argues it should not be readied for sale but stay in public hands.
“Turnbull's NBN in crisis”, blared the front-page headline in the February 29 issue of The Sydney Morning Herald. "Malcolm Turnbull's cut-price National Broadband Network is facing mounting delays and rising costs, according to a damning internal report obtained by Fairfax Media," the article said. Fairfax revealed that the report, labelled “commercial in confidence” and “for official use only”, details a litany of problems in delivering the Coalition's supposedly more budget-friendly fibre-to-the-node (FTTN) model.