Today the Libs unveiled a unannounced new tax applying to new homes being connected to (or being passed by !!) the NBN. It applies to Greenfields sites.
Total cost is a tax of $900 per site levied by NBN Co. ($300 billed to owner, $600 to dev who would pass it on they admit) However at the same time Malcolm Turnbull has advised that the NBN monopoly will be watered down. Other Telco's will be permitted to compete for the cable space. The monopoly is no more.
So some buyers will spend $900 for something they may never use.
But it gets worse. Developers will be slugged up to $1k also when the NBN is the sole location provider. This is to cover the extra costs of a dedicated "backhaul". When competing companies exist this cost gets shared in a complex process. It pays for conduit and pits etc. I imagine they would just pass it on as a higher charge...And add a margin.
Oh Malcolm when will it end ??
Total cost is a tax of $900 per site levied by NBN Co. ($300 billed to owner, $600 to dev who would pass it on they admit) However at the same time Malcolm Turnbull has advised that the NBN monopoly will be watered down. Other Telco's will be permitted to compete for the cable space. The monopoly is no more.
So some buyers will spend $900 for something they may never use.
But it gets worse. Developers will be slugged up to $1k also when the NBN is the sole location provider. This is to cover the extra costs of a dedicated "backhaul". When competing companies exist this cost gets shared in a complex process. It pays for conduit and pits etc. I imagine they would just pass it on as a higher charge...And add a margin.
Oh Malcolm when will it end ??
