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The Forum > General Discussion > Julia's NBN gravy train resembles more a ponzi scheme than infrastructure.

Julia's NBN gravy train resembles more a ponzi scheme than infrastructure.

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WHAT a sweet thing it must be while it lasts, to be employed by NBN Co. It is by far the most lucrative federal agency to work for, with an average wage cost per employee of $166,000 a year.

Treasury staff average $112,500, those in Minister for Broadband Stephen Conroy's own department $109,000, and in finance a trifling $87,000.

http://www.theaustralian.com.au/news/opinion/costly-nbn-just-another-fiasco/story-e6frg7ko-1226238498787

With only a few thousand houses connected, the costs and time schedule blowing out, and the meter continually running, it is only a matter of time before the NBN off balance sheet spending passes the point where pretence of financial viability can no longer be maintained. But as long as it survives past 2013 Labor is happy to keep up the fašade.
Posted by Shadow Minister, Saturday, 7 January 2012 12:40:57 PM
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Some do any thing to avoid it, trample on it, even stuff under their jumper.
But truth can not be hidden, not changed.
Increasing desperation and avoidance of it by our Shadow Minister may be a symptom of something else.
A growing rumble from deep within Conservative ranks.
NEGATIVITY is driving that fear and concern.
Along with a simple truth, but harsh one.
The promises/commitments targeted things Abbott's Circus has set out to do, are not deliverable in government.
NBN is here to stay, in 2 years those crafting such as this thread will pretend they always knew it.
Posted by Belly, Sunday, 8 January 2012 4:18:25 AM
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Belly,

You don't add anything to the threads except to attack me. It looks as though your desperation is showing.
Posted by Shadow Minister, Sunday, 8 January 2012 7:18:41 AM
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The greatest piece of infrastructure since the Snowy Mountains Scheme.
Posted by 579, Sunday, 8 January 2012 7:28:15 AM
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Dear Shadow Minister,

I think it might be time to cease quoting pieces from News Limited to make your point. A recent Press Council Ruling in December condemned the organization for a series of three articles published about the NBN over just one month. It used words such as "misleading and unfair" and "clearly and seriously inaccurate" in describing the pieces. It also talked of serious omissions.
http://www.presscouncil.org.au/document-search/adj1515-benaud-daily-telegraph-dec-2011/?LocatorGroupID=662&LocatorFormID=677&FromSearch=1

Surely this is a blatant case of agenda seriously compromising the delivery of facts.
Posted by csteele, Sunday, 8 January 2012 8:14:51 AM
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This is what the SM thrives on, if it's sensationalistic it's good. Specify crap and someone will take notice.
Posted by 579, Sunday, 8 January 2012 9:59:52 AM
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