The Government has unveiled plans to tackle Australia’s biggest internet threat by putting the Federal Government on a path to a $100 billion investment in the NBN, the Government announced on Monday.
The Government will spend $100 million over three years on the NBN to build a network that can deliver speeds up to 5G.
The Coalition will then fund the $100m over the next five years to build the network.
This will allow it to deliver the NBN in line with Labor’s fibre to the node strategy.
The Prime Minister’s office said the Government’s $100-billion investment in NBN was needed to ensure Australians have access to fast broadband and to create jobs.
Mr Turnbull said the Federal Budget had a “fundamental” change in the way the NBN was being delivered.
“What we’ve done is build a much stronger, more resilient NBN and we have a plan to deliver a $50 billion investment to do that,” Mr Turnbull said.
“And this investment will enable us to get a fibre to every Australian home and businesses.”
The Government’s investment in this NBN will enable our economy to grow and jobs to grow, not only in Australia but around the world.
“Mr Turnbull announced the $50bn investment in March, after the Coalition lost a federal election and Mr Shorten won the election.
He said the NBN had grown to a level that would allow it “to deliver the national broadband network to every household, business and community”.”
We have achieved that,” he said.
Mr Shorten said the plan would deliver “a level of connectivity and connectivity that we have never seen before”.”
It’s not just fibre to all, it’s fibre everywhere,” he told ABC Radio.”
It will be a whole new way of getting the national network going.
“And we are going to have to make sure we keep up with that.”‘
We are in a fight for the future’Labor has pledged to invest $1 trillion in the network by 2020 and $1.2 trillion by 2022, and to build and operate the NBN by 2020.
“I don’t think we are in the middle of a debate in terms of fibre to everyone or fibre everywhere, I think we’re in a battle for the next 50 years,” Labor’s NBN spokesperson Tanya Plibersek said.
“That’s why we’re making the announcement today, to get the NBN back on track, so we can keep working together to build that NBN.”
The Coalition has also promised to invest more than $100bn in the National Broadband Network by 2021.
The ABC has spoken to a number of people from across the NBN who said they would like to see the NBN continue to be a national fibre network.
The Opposition says it wants to build fibre to each home and business.
Labor has said that is unrealistic.
“We’re going to build more than 10 million homes and businesses in the next 10 years and I want to build 100 million homes by then,” Mr Shortens spokesman Michael McCormack said.