The Forum > General Discussion > Surprise surprise: NBN costs twice what ASDL2 does, and there is no Choice.
Surprise surprise: NBN costs twice what ASDL2 does, and there is no Choice.
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Posted by rstuart, Friday, 22 July 2011 12:39:50 PM
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Guys I have a different take on how many gigs for how many dollars.
Given that WE are paying $40 BILLION PLUS for this nonsense, we own it and so does the next gen of taxpayers. I am happy to pay a service fee that will cover the fixed costs of maintaining MY internet delivery company, the one I own, but that is it because I am still paying back the $40 Billion I borrowed to make it happen. Only commercial users will pay market rate for my internet service. Silly idea goes against the business model and the principal of an investment you may think, they will not get a return on investment in a million years, they know it and I know it. I do not wish to pay for being the owner each earning week and pay for being the end-user at the end of the month; I am selling stuff to myself from a company that I am paying off. Having said all of that who knows how much of the returns forecast in the ABN business model is earmarked towards loan repayment, ……It’s a mess, like all they touch, but our tax money will head overseas and the infrastructure that is badly needed in the growing cities of Oz will go begging, or all will be user pays, it will cost a buck to use the road to get your daily bread….stupid you say, nothing now surprises me in regard to the strange alien country I now find myself in. Where the f!#k did my country go. Posted by sonofgloin, Friday, 22 July 2011 2:40:04 PM
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@sonofgloin: Silly idea goes against the business model and the principal of an investment you may think, they will not get a return on investment in a million years, they know it and I know it.
Googling "NBN expected rate of return" gets us this, as the first hit: "NBN Co’s expected rate of return is 7.04 per cent, which compares favourably with the average 10 year bond rate (July 2009 to November 2010) of 5.39 per cent. The NBN Corporate Plan shows the Government can expect to recover all its funding costs with interest." http://www.minister.dbcde.gov.au/media/media_releases/2010/120 So, you are flat out wrong - they think they will get a return on their investment. Welcome to the era of instant fact checking. Don't you love it? Posted by rstuart, Friday, 22 July 2011 2:47:10 PM
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Rstuart,
Either you are naive or deliberately obtuse. The fact is that in the city I can buy 6x as much data download at virtually the same speed for much less. As the NBN intends to charge all its customers the same, I see my rates increasing. As for the payback, this is based on very optimistic take up and usage figures, and I have yet to see a Labor business plan meet any of its budget targets. I should have the right to chose. Posted by Shadow Minister, Friday, 22 July 2011 3:13:38 PM
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rstuart, check the take up rates in Tassy and in Windsor’s electorate. If you don't have the take up rate numbers are rubbish. While we are talking numbers you have a hide giving me contrived government published numbers from a report that ran over 600 pages of which they released 35, get real.
Posted by sonofgloin, Friday, 22 July 2011 3:31:45 PM
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@Shadow Minister: As the NBN intends to charge all its customers the same
Indeed, but this is another furphy, as the the situation the same now with copper. Telstra is the equivalent of the NBN for the copper network. There are a slew of different fees for accessing the copper lines depending how an ISP connects to its customer, but these fees are the same for everyone (including supposedly for Telstra retail) - just as they will be under the NBN. The rates are set in ACMA determinations like this one: http://www.accc.gov.au/content/item.phtml?itemId=976009&nodeId=65b3dd33f04b18f1c33a011c80d8c9a0&fn=Interim%20determination.PDF The variations you see in ISP pricing aren't because of different access charges, but rather different business models. Some ISP's have sterling service, some don't. Some provide excellent back haul's, some don't. Some charge for upload's, some don't. Some are large, some are small. Some choose to own a lot of their equipment. Some rent it. At the moment there seems to be a lot of thrashing about as ISP's fight with each other and the ACMA about the NBN ground rules. I don't think the ISP's know how the dust will settle yet, so you making statements about what the final pricing will be when you obviously don't have a clue about how the industry works is just preposterous. We only have one piece of evidence above and beyond the fact that the wholesale prices look roughly the same: and that is the ISP's that offer NBN and ADSL prices charge the same for both. And here you are nonetheless claiming that when your ISP moves to the NBN, they will charge you more. Take off the blue glasses, Shadow. Posted by rstuart, Friday, 22 July 2011 4:09:26 PM
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Shadow, you are behaving like an idiot.
If you got your connection from Internode you would be paying $30 for 30 Gb whether it be over ADSL or NBN. You say you get your connection from someone that is cheaper than Internode - well good for you. What does this tell us about how much your connection will be when the NBN arrives? Almost nothing, because your ISP doesn't offer it. If you are going to draw any conclusions at all, it would be they will charge you the same price for the NBN as they do for ADSL, because that is what ISP's that do offer both, Internode and iiNet, currently do.
Whether this is some because of some special honeymoon period or some other blip in the system is very hard to say at this point. I keep getting conflicting stories. Recently I came across ACMA figures that seemed to show the price Telstra is allowed to charge an ISP for a copper phone line + ADSL was actually more expensive that the $24/mo ex GST the NBN is charging. In reality comparing the two is as difficult as comparing two rival mobile phone plans - which is to say bloody near impossible.
I know you know this as we have been over it in intricate detail before, and I know you must be a bright fellow, yet argue like an idiot. This must be as obvious to you as it is to me. For gods sake, do us all a favour and argue rationally, without your blue coloured glasses on.
@one under god: its sad that rod stuart quotes numbers withiout adding in 30 buck line rental
It does include the line rental. They are both naked plans. The NBN offers no other sort.