{"id":8135,"date":"2022-12-01T08:38:15","date_gmt":"2022-12-01T07:38:15","guid":{"rendered":"https:\/\/costops.com\/index.php\/2022\/12\/01\/nbn-losses-to-reach-25bn-by-2040-report-finds\/"},"modified":"2022-12-01T08:38:15","modified_gmt":"2022-12-01T07:38:15","slug":"nbn-losses-to-reach-25bn-by-2040-report-finds","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/12\/01\/nbn-losses-to-reach-25bn-by-2040-report-finds\/","title":{"rendered":"NBN losses to reach $25bn by 2040, report finds"},"content":{"rendered":"<p>Adoption of \u2018multi-technology mix\u2019 model and decision to preference regions in rollout cited as major factors in reported losses<\/p>\n<ul>\n<li><a href=\"https:\/\/www.theguardian.com\/australia-news\/live\/2022\/dec\/01\/australian-politics-news-live-albanese-energy-power-prices-parliament-nsw-queensland-cost-of-living-inflation-weather-covid\">Follow our Australia news live blog for the latest updates<\/a><\/li>\n<\/ul>\n<ul>\n<li>Get our <a href=\"https:\/\/www.theguardian.com\/australia-news\/2022\/oct\/29\/email-newsletters-guardian-australia-best-daily-news-emails-newsletter-free-sign-up-inbox-subscribe-headlines?CMP=cvau_sfl\">morning and afternoon news emails<\/a>, <a href=\"https:\/\/www.theguardian.com\/technology\/ng-interactive\/2018\/may\/15\/the-guardian-app?CMP=cvau_sfl\">free app<\/a> or <a href=\"https:\/\/www.theguardian.com\/australia-news\/series\/full-story?CMP=cvau_sfl\">daily news podcast<\/a>\n<\/li>\n<\/ul>\n<p>NBN Co will still have $25bn in accumulated losses by 2040 due in part to the Coalition government\u2019s decision to steer away from fibre optic cable, the Productivity Commission has said.<\/p>\n<p>In a report <a href=\"https:\/\/www.pc.gov.au\/competitive-neutrality\/investigations\/nbn-co\/nbn-co-report18.pdf\">released on Wednesday<\/a>, the Productivity Commission said losses incurred by NBN Co during its construction phase were unlikely to be offset through future revenue, and the government-owned company is unlikely to make a commercial rate of return. The commission noted that as of the end of 2021, NBN Co had accumulated losses of $36bn, but even by 2040 this figure would still be $25bn.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/dec\/01\/nbn-losses-to-reach-25bn-by-2040-report-finds\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/28dcea5ee298a458a4e48627c429a249de39d07a\/0_108_3543_2125\/master\/3543.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=498a188a017880445147a508e6863aac\" title=\"NBN losses to reach $25bn by 2040, report finds\" \/>Adoption of \u2018multi-technology mix\u2019 model and decision to preference regions in rollout cited as major factors in reported losses<br \/>\nFollow our Australia news live blog for the latest updates<br \/>\nGet our morning and afternoon news emails, free app or daily news podcast<\/p>\n<p>NBN Co will still have $25bn in accumulated losses by 2040 due in part to the Coalition government\u2019s decision to steer away from fibre optic cable, the Productivity Commission has said.<br \/>\nIn a report released on Wednesday, the Productivity Commission said losses incurred by NBN Co during its construction phase were unlikely to be offset through future revenue, and the government-owned company is unlikely to make a commercial rate of return. The commission noted that as of the end of 2021, NBN Co had accumulated losses of $36bn, but even by 2040 this figure would still be $25bn. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adoption of \u2018multi-technology mix\u2019 model and decision to preference regions in rollout cited as major factors in reported losses Follow our Australia news live blog for the latest updates Get our morning and afternoon news emails, free app or daily news podcast NBN Co will still have $25bn in accumulated losses by 2040 due in &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/12\/01\/nbn-losses-to-reach-25bn-by-2040-report-finds\/\"> <span class=\"screen-reader-text\">NBN losses to reach $25bn by 2040, report finds<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":8136,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8135"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=8135"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8135\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/8136"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=8135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=8135"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=8135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}