This article succinctly demonstrates government waste. I remember very clearly, then Opposition Communications spokesman, Malcolm Turnbull, saying the Government should be technology agnostic. Well, Starlink has simply now made NBN obsolete. Government should never have re-entered the telecommunications market like this. Successively Liberal-National Coalitions should have sold NBN before the network further degraded in market value. But alas! An Australian government with libertarian principles would never have made such a mistake. Timely piece by Scott! Well done.
Excellent article and if we have another 3 years of labour expect more and more expensive failures. There is tragedy at the end of the tunnel. Victoria shows all the symptoms of a failed state. Debt repayments force higher taxes which in turn force individuals and businesses to leave, forcing yet higher taxes and a repeat of the above. Soon the state will be unable to fund itself. Already happening with a policing crisis. Eventually shrinking revenues and burgeoning debt costs beget fiscal collapse. Thereafter free markets will be the only option!
Fantastic article and I totally agree. I remember when Rudd announced it to the press - which was the first time anyone in Government had heard anything about it - there had been no needs analysis, no costing, no planning; nothing. It was blatantly obvious it was going to be a typical socialist government project disaster. Sure enough, the costs kept rising, the timeframes kept slipping, and the performance kept falling. And almost 20 years later, predictably, a mobile phone connection will outperform the top-shelf domestic NBN connection, and cost less.
Keynesian spending spree really says it all 🤣. Well said Scott.
And yet nation building is still a vote winner sadly
This article succinctly demonstrates government waste. I remember very clearly, then Opposition Communications spokesman, Malcolm Turnbull, saying the Government should be technology agnostic. Well, Starlink has simply now made NBN obsolete. Government should never have re-entered the telecommunications market like this. Successively Liberal-National Coalitions should have sold NBN before the network further degraded in market value. But alas! An Australian government with libertarian principles would never have made such a mistake. Timely piece by Scott! Well done.
Excellent article and if we have another 3 years of labour expect more and more expensive failures. There is tragedy at the end of the tunnel. Victoria shows all the symptoms of a failed state. Debt repayments force higher taxes which in turn force individuals and businesses to leave, forcing yet higher taxes and a repeat of the above. Soon the state will be unable to fund itself. Already happening with a policing crisis. Eventually shrinking revenues and burgeoning debt costs beget fiscal collapse. Thereafter free markets will be the only option!
Fantastic article and I totally agree. I remember when Rudd announced it to the press - which was the first time anyone in Government had heard anything about it - there had been no needs analysis, no costing, no planning; nothing. It was blatantly obvious it was going to be a typical socialist government project disaster. Sure enough, the costs kept rising, the timeframes kept slipping, and the performance kept falling. And almost 20 years later, predictably, a mobile phone connection will outperform the top-shelf domestic NBN connection, and cost less.
Excellent article.