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Final thoughts as Australians go to the polls : Comments
By Tristan Ewins, published 18/8/2010What kinds of issues might play on voters' minds as they make their decision about how to vote in this election?
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That is where the major misconception is. Virtually nothing of what the coalition is installing will have to be replaced. Nearly all of the upgrades will be required eventually in the NBN.
The additional $37bn is to replace the final cables to individual houses will attract interest at current treasury bond rates of $2.6bn a year or nearly $400 per household.
At a very optimistic take up rate of 80% (considering that 20% don't have computers) this is $40 per month on interest per household. Pay back over 10 years (a long time for any project) would be a further $60 per month.
So just to cover the installation costs over 10 years the cost to the consumer would be $100 per month per house hold before the maintenance or actual provision of internet access is included.
This is going to make the BER look like a picnic. Just like the lane cove and cross city tunnels, the NBN company is going to fold and the only one to pick up the tab will be the tax payer.
Considering that nearly all infrastructure such as roads has desperate needs right now, paying billions for needs that may or may not materialize in a few decades is a joke.
I also see you are still ducking the BER issue.