Senate debates

Tuesday, 23 November 2010

Questions without Notice

Broadband

2:42 pm

Photo of Barnaby JoyceBarnaby Joyce (Queensland, National Party, Leader of The Nationals in the Senate) Share this | Hansard source

My question is to the Minister for Broadband, Communications and the Digital Economy, Senator Conroy. I refer the minister to the letter from the NBN Co. CEO, Mr Mike Quigley, to the minister and Senator Wong, dated last Friday, which states that the NBN ‘can be built in a way that provides an internal rate of return higher than the current long-term government bond rate’. Can the minister confirm whether the NBN will make a return at or above the commercial cost of capital for the NBN?

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