Senate debates

Tuesday, 22 June 2010

Questions without Notice

Broadband

2:38 pm

Photo of Stephen ConroyStephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate) Share this | Hansard source

As a result, Australians will more quickly gain access to all the benefits of superfast broadband. NBN Co.’s CEO, Mike Quigley, confirmed that the agreement will result in significant savings in the overall build cost, but for commercial reasons he indicated that he would not disclose those figures. But if you care to read some of the commentary today, which I know is a painful exercise for you, you will see industry commentators with some experience in the sector, unlike those opposite, who claim that the savings are in the billions—that is, industry experts in the papers today: ‘in the billions’. The agreement with Telstra— (Time expired)

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