Delicious/delimiterau
- Earning billions and getting taxed a pittance
- Dell chief defends transfer pricing
- Qantas tech exec shifts to Jetstar
- Zurich Australia leads regional thin client push
- Early investors drop Facebook
- Victoria kills HealthSMART IT project
- Woz not great - mUmBRELLA
- Santos' thin client starts big-data plans
- Nokia Lumia 800 revs up at Bridgestone
- Telstra privacy breach was 'one little oops'
Posts Tagged ‘dbcde’
News, Telecommunications - Thursday, May 10, 2012 10:31 - 89 Comments
‘Cooked books’, ‘funny money’, ‘trickery’:
Coalition on NBN budgeting
news Leading Opposition figures have slammed the Government’s handling of funding for the National Broadband Network in this week’s Federal Budget, alleging that the project’s finances are being misallocated to cover up holes that would have sabotaged the policy aim of delivering a budget surplus. But the Government has fired back, accusing the Opposition of ‘manufacturing’ budget problems.
Most of the funding for the NBN does not appear in the budget, as, according to accounting standards, it is not an expense as generally understood, but is actually an investment expected to generate a modest return. This handling of the NBN’s finances has been backed by a report into the matter published last year by the Parliamentary Library of Australia.
However, Communications Minister Stephen Conroy’s department did disclose how much the government is funding NBN Co over the next few years, in its portfolio budget statements. In the 2012/2013 financial year, the Government will allocate $4.7 billion to the project, and more each succeeding year — peaking at $5.6 billion in 2014/2015, and then setting again to $5.1 billion in 2015/2016. In addition, in this year’s budget additional funding was also allocated for NBN-related activities such as a $20 million investment in public education and awareness.
- Govt delays multiple tech FOI requests
- Delimiter’s submission to the Govt’s Media Inquiry
- ACMA strike to hit NBN, spectrum work
- Budget 2011: Govt discloses NBN equity payments
- Voluntary filtering on track for mid-2011
- Filter gets a new date: Mid-2013
- Delimiter files FoI requests for Reinecke, NBN Co reports
- Conroy to receive secret filter forum report
- Conroy’s dept launches Twitter account








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