Labor wasted 20B on NBN.

Discussion in 'Markets & Economies' started by TheEnd, Dec 16, 2013.

  1. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    Ditch both wasteful white elephants.
     
  2. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    I am surprised you are against the NBN as all you do all day ( because you dont have a job ) is bitch about things oon the internet. I thought you would ahve wanted a faster connection to make this easier.
     
  3. Lovey80

    Lovey80 Well-Known Member

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    Can you really call it a lie when in opposition they were forced to make their plans based on what the government was telling the public only to find out Labor was lying through its teeth about the cost, contracts and completion rates?

    They got in an found that all was not what it seemed. What would you have them do? Throw even more money at the problem just so they could achieve what they had promised?

    Telecommunications in this country are shit and more expensive than I've experienced anywhere I've travelled.
    Government created the problem with Telecom in the first place, they had a huge market share when made private and none of the competitors that have come in have actually attempted to take a legitimate market share on their own merits, rather than simply providing a sub par service to the most densely populated areas and waiting for disgruntled customers to leave Telstra.

    I'd rather this roll out of the coalition plan be done over a longer period than them wasting even more money catching up on their promises because Labor lied to us all.
     
  4. doomsday surprise

    doomsday surprise Well-Known Member Silver Stacker

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    Turnbull pulled his figures out of a hat. He should have shut his mouth and waited till the coalition got in power and then decided to either scrap the NBN or build his own version. He out and out lied, saying the coalition could do it quicker and cheaper.
    He knew it was a massive project that would inevitably have cost overruns as a project of this size and scale hadn't been tried anywhere in the world. That didn't stop him and Abbott lying to the Australian public.
    I don't believe what either party says about this project. The unfortunate thing is we will never know the truth as both sides will spin it however they want.
    Australia is going to be left behind in the digital age and it's all down to party politics. The one infrastructure project in this country that would have massive benefits to the economy for decades to come has been thrown under a bus. Australia will revisit this turd again and again and the money wasted on it will blow way out over the next decades as governments on both sides patch this farce up.
    We will still have a waste of money NDIS, a waste of money paid parental leave scheme, a waste of money baby bonus, etc etc etc - all of which drain the economy of any productivity and drain the government of revenue.
    We will still have a Telstra fixed line monopoly running on copper wires from decades ago at speeds that are a joke, and at prices that are ridiculously high.
    We could probably come back in 20 years time and this argument will still be going around and around in circles, both sides blaming each other and Australians still getting shafted on prices and speeds.
     
  5. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    Seriously, some of you guys act like you came down in the last shower.

    Labor was never join to build fibre to every property. Labor's NBN was a thought bubble that basically went like this: "There is loads of money in the bank that we now have control of after the election, we need to do BIG things to show the world that Labor is BACK. How about fibre to every property in a vast, underpopulated continent. If we ask someone to build it and keep throwing money at it surely it will just magically appear".

    Don't you remember the exact same thing happening a week before they lost the last election? From nowhere there appears a drawing of a futuristic looking train with a Labor logo and a promise: "If you vote Labor in this election we will build a high speed rail link between Sydney and Melbourne".

    Seriously, if you believe that a party that is a sheltered workshop for ex militant trade unionists with no private sector experience or understanding and no economic credentials could have completed their fibre NBN fantasy then I have a High Speed Rail link to sell you. Even the unions are on record as saying: "The fastest way for a contractor to go bankrupt is to have anything to do with the NBN".

    Just because it would be wonderful to have fibre to every property doesn't mean that you were ever going to get it.
     
  6. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    Help me with the maths here:

    Coalition - $41b < ALP $73 billion = Cheaper?
    Coalition - 2019 < ALP 2024 = Quicker?

    :/

    And yet you (and others) think that we need the Government to "fix this". Very curious :/
     
  7. TheEnd

    TheEnd Well-Known Member

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    Two job interviews today ......going back on the tools new year hopefully! :p
     
  8. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    good luck hope you land one and hold onto it :)
     
  9. AngloSaxon

    AngloSaxon Active Member

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    I recall every person who bashes the blue team screamed blue murder on 'Where are their policies' before the election, even when there were policies, or in cases where it's not the Federal Government's place to do anything at all.

    Turnbull had a policy based on the information provided to him by the red team, the figures of the red team were the lie, the progress reports used by labor were the lie, the thousands of houses passed by the fibre that has been laid but with no node to even connect to their houses (called 'Service Level 0' by NBN) are the lie. Why aren't you angry at Steven Conroy and Wayne Swan? Turnbull's work was based on their numbers!

    There are inumerable problems and it's up to Turnbull to be damage control. Getting angry at him is futile.
     
  10. doomsday surprise

    doomsday surprise Well-Known Member Silver Stacker

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    Not particularly angry at him. I don't see the point of wasting $41 billion on a third rate NBN that won't achieve any noticeable improvement over what we have now.
    Turnbull made his own policy up, saying that they could do it cheaper and faster. It was a crock of BS. Fibre to the node is an absolute waste of money, will achieve no noticeable improvements in speed, will keep telstras monopoly on ancient copper wires to the home and will make sure everyone in Australia pays ridiculous prices for a third rate service.

    Like I said, may as well just wind up NBN co and save some money.
     
  11. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

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    Turnbull had a policy based on "Anything you can do, I can do faster, I can do anything cheaper than you".

    Turns out the only way you can do major infrastructure projects faster and cheaper is by doing a half-arsed job.
     
  12. 1for1

    1for1 Well-Known Member

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    Governments making wise investments... lol.. thats why they are labour and not capitilists..

    Only entrepreneurs should be investing money into new projects .. not wasteful stupid lawyer politicans get promising more wealth distribution and future liabilities...

    We all want fast internet, we just dont agree that the public sector should supply it... time will tell but they are a massive void of waste and malinvestment for me..

    Quite right to be critical of such a waste of taxpayer money.. spend first, ask questions later.. aka .. obamacare!
     
  13. doomsday surprise

    doomsday surprise Well-Known Member Silver Stacker

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    I know everyone thinks that governments are useless and for the most part they are, but a project of this size will only be done by the government. There won't be any profits to be made for a long time.
    Business' will only do the most profitable areas, which are mainly centred in the big cities. The rest of the country won't be touched as there is no ready profit in it. I personally believe it is something that Australia needs and will have many long term benefits to the economy. I also believe that if you are going to build the NBN do it once and do it right. Don't dick around with a haphazard piecemeal approach which the coalition is doing, using bits and pieces of different technologies to attain an outcome that won't be of much use in the future.
     
  14. SilverSaviour

    SilverSaviour New Member

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    So I take it you are a socialist ?
     
  15. AngloSaxon

    AngloSaxon Active Member

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    We both agree on that. I wonder if the Libs have an NBN policy just to appease the people who demand there be a policy on everything.

    I've said before on SS, the sooner they privatise the NBN, the better of we'll all be.
     
  16. doomsday surprise

    doomsday surprise Well-Known Member Silver Stacker

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    You talking to me?
     
  17. SilverSaviour

    SilverSaviour New Member

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    Yes sorry, I should have used the quote feature
     
  18. doomsday surprise

    doomsday surprise Well-Known Member Silver Stacker

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    Why? I get absolutely no benefits off the government. None, nada, zip, zilch. I went on the dole for two months after school about 25 years ago. That's the sole sum of what the government has given me. No child benefit BS, no first home owners grant. Had private health insurance since I was 19. How many people here could say that? FA, I bet. I've paid my taxes and don't expect a pension when I retire.

    There's plenty of middle class welfare out there I'd like to see scrapped. All family benefits, all the baby bonuses, the first home owners grants etc etc etc - they can all go. These won't go because the government would be voted straight out of office.

    If this government was serious it would have said straight out that the NBN is a waste of money and should be done privately. I could accept that and go fair enough. Instead it's giving us a piecemeal turd that's a waste of 41 billion dollars, and i can guarantee you that 41 billion won't be the end of it, because the turd smells. This government did it to buy some votes. It's like every other government, only looking forward three years till the next election.

    The NBN will have many benefits to the economy and the government is the only entity that can do it. It's the one policy that I've seen in many years that will have great and lasting benefits for the country and I think it should be done. If that makes me a socialist then so be it.
     
  19. SilverSaviour

    SilverSaviour New Member

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    Sorry I'm not aware that I implied you do get benefits.. this has nothing to do with my comment.

    I totally agree. It would be great to see our welfare state shrink.

    No government will every say that, and even if they did it wouldn't mean it.
    So here you say the government turned the NBN into a disaster, and "its like every other government" implying this result is pretty much inevitable....

    This i agree with.

    And here you say the government is the only entity to do it. WTF ?

    And this is false.

    The private sector was doing a great job in increasing the speed of the internet and similar services. Cable internet, cable TV, ADSL, ADSL2+, 3G, 4G
    But for some reason you think we need the government to suddenly step in and take control over an already progressing industry.

    Yes it is true fiber to every home has benefits, but that doesn't mean it is cost effective right now in this time for every single person.
    High speed subway train to every front door also has benefits, do you think the government should build that too ?

    If I decide to go and live in the middle of nowhere, is the government now obligated to spend a million dollars getting fiber to my front door ?

    EDIT: Do you realise that by supporting the policy you are supporting a system whereby people who don't want a service are being forced against their will to pay for it out of their hard earned money ?
    If Auntie Sue is happy with her ADSL plan she has had for years, why should she have to pay for your fast internet ?
    What right do YOU have to make Auntie Sue pay for your enjoyment ?
    (when I say you I simply mean those who support this, not you personally even though you may be included in that group)
     
  20. leo25

    leo25 Well-Known Member Silver Stacker

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    you got to be shitting me :/ fair enough if your opinion is that the NBN should not be build, but to say the "the private sector was doing a great job in increasing the speed" is a joke. ADSL (anything +) is crap at best and wireless is unreliable and VERY expensive to the point its useless for any real use application.
     

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