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Broadband Monopoly: Regulator Required for High-Speed Step Back in Time
Who'll keep an eye on the biggest publicly funded infrastructure
project in Australian history? With the recent signing of an A$11
billion agreement allowing the planned National Broadband Network to use
dominant telco Telstra's existing network and infrastructure to rollout
fibre-optic cables connecting 93% of the populace, the A$36 billion NBN
now looks set to be a "massive" monopoly. That's why a separate
independent regulator is essential, insists Michael Peters, a lecturer
in Taxation and Business Law at the Australian School of Business.
Currently, the government is making up the rules for the NBN is it goes
along, he claims. And its efforts to get Australia up to speed with the
Internet are taking the nation back to the future.
View all episodes
By theBoxWho'll keep an eye on the biggest publicly funded infrastructure
project in Australian history? With the recent signing of an A$11
billion agreement allowing the planned National Broadband Network to use
dominant telco Telstra's existing network and infrastructure to rollout
fibre-optic cables connecting 93% of the populace, the A$36 billion NBN
now looks set to be a "massive" monopoly. That's why a separate
independent regulator is essential, insists Michael Peters, a lecturer
in Taxation and Business Law at the Australian School of Business.
Currently, the government is making up the rules for the NBN is it goes
along, he claims. And its efforts to get Australia up to speed with the
Internet are taking the nation back to the future.
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