Senate debates

Thursday, 28 October 2010

Questions without Notice

Broadband

2:14 pm

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

As I have indicated many times, subject to any commercial-in-confidence issues, we will be releasing a raft of information around the business plan. The reason that we are not going to waste Australian taxpayers’ money is that there are hundreds of cost-benefit analyses around Australia about the benefits of broadband to productivity. There are hundreds of them. All you have to do is stop being lazy and actually do it. But the premise of the cost-benefit argument is that you start off with a loss in the business case. As McKinsey made clear, it is financially viable and delivers affordable broadband. I am confident that the business case we are going to be receiving shortly will absolutely reinforce the business plan.

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