NBN Prices Up



The Morrison Government is crowing today that NBN Co is posting record revenues, and claims the company is on track to meet its “performance targets”.


From July to December 2019, NBN Co raked in $1.81 billion from Australian households and businesses, a 39 per cent increase on the 2018-19 half-year results.


“Unfortunately, NBN consumers have nothing to celebrate with NBN service continuing to underperform across regional Tasmania,” says federal Lyons MP Brian Mitchell.


“If NBN Co is raking in 39 per cent more cash, it should be providing much better levels of service.


“However, for Tasmanians throughout my electorate who depend on fixed wireless, the situation is far from ideal.


“From the Derwent Valley to Pyengana, from Mole Creek to Sorell, I continue to receive calls from NBN customers frustrated with slow internet.


“NBN Co itself says $1 billion will be required to repair the under-investment in fixed wireless, which it is not prepared to spend.


“When so many Australians are putting up with woeful fixed wireless broadband, this Government’s crowing of NBN Co shows just how out of touch it is.”