Comments on: Aussie govt. goes public-private on fiber to home

The National Broadband Network tender process gets terminated in favor or the government establishing a public-private fiber-based partnership, to reach 90 percent of citizens.

[JCPayne]

Capitalism is dead..... Countries around the world are fete-up with what the financial companies and wall street have done to the world economy and countries around the world are now returning to closed tighly regulated systems. This doesn't surprise me in the least.

[skillingssucks]

Apparently you have no understanding of "capitalism" whatsoever.

[sanenazok]

@JCPayne: which is exactly why the Australian government is guaranteeing to sell back its shares once the project is done. It's not capitalism that's dead, it's the notion that a private company will build out infrastructure only to have to share it with competitors. While AT&T had wired up the US for telephones, they would have never done it if they knew that sharing would be forced down their throats.

[zinthaq]

Real estate is a legal term (in some jurisdictions, notably in the USA, United Kingdom, Canada, and Australia) that encompasses land along with anything permanently affixed to the land, such as buildings, specifically property that is fixed in location.[1] Real estate law is the body of regulations and legal codes which pertain to such matters under a particular jurisdiction. Real estate is often considered synonymous with real property (also sometimes called realty), in contrast with personal property (also sometimes called chattel or personalty under chattel law or personal property law).
However, in some situations the term "real estate" refers to the land and fixtures together, as distinguished from "real property," referring to ownership rights of the land itself.[clarification needed]
The terms real estate and real property are used primarily in common law, while civil law jurisdictions refer instead to immovable property.


visit

<a href="http://www.fastrealestate.com.au">real estate</a>

[jtjt145]

A former Union Boss (Stephen Conroy) in charge to decide where the money goes in Australia's national broadband - get ready for an involuntarily humorous, disaster-ridden fun ride, closely followed by financial bankruptcy of the Australian nation.
He (Stephen Conroy) is already 'excelling' in an other area as a true non-performer, with incompetence to this point being his greatest achievement, as he is actively pursuing the title of 'Censorship Minister' of the year.
... Following unconfirmed reports Mr Conroy has received offers for a multi-million dollar contract to head the communications department for Mr Kim Yong Il from North Korea.
:-)
I am serious about the concern for looming disaster, as the Australian Labor Party has always been known for being very astute in spending other people's money.

Arthur

[kksing]

So their answer to removing Telstra's ownership of National telecom network is to create a company to build another?

Right... In ten years time, this new NBN company (Telstra Mk 2) would be the new monopoly throwing its weight around...

[Press any key]

The critics of the past big projects in Australia are regulated to the dust bin of history ... Is that your fate, mate? Or are you going to embrace the inevitable future!


***** National Broadband Network (NBN) - Fibre-To-The-Premises

In 2009, $43 billion

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***** Snowy Hydro Scheme

In 2007, $800,000,000.00 from 1949 is worth:

$41 billion

$41,324,354,657.69 using the relative share of GDP

Nominal GDP:
GDP expressed in current market prices, which is GDP not corrected for inflation. This may also be called

"money GDP", "current-price GDP" or "GDP at current prices". Nominal GDP over time incorporates both

real-output change and price change (inflation).

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***** Coolgardie pipe line

In 2007, $5,000,000.00 (£2.5 million) from 1896 is worth:

$4.45 billion

$4,456,034,521.12 using the relative share of GDP

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***** Sydney Harbour Bridge

In 2007, $8,400,000.00 (£4.2 million) from 1924 is worth:

$1.35 billion

$1,357,898,681.73 using the relative share of GDP
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