Malcom Turnbull speaks on NBN Co strategic review

Mr. Turnbull, Communications Minister for the LNP government, is now speaking in question time on the review conducted by NBN Co on the LNP’s NBN model and costs and timings of the plan.

The review shows a cost blowout of over $11b but Mr. Turnbull still praises his model of FTTN.

He is speaking about who is involved and passing thanks.

Vodafone’s CEO Bill Morrow is to become the new NBN boss (becuase they have been so great at rolling out a network).

The review shows the LNP’s plan will be more expensive and will take longer than the promised 2016 date (yet another broken promise).

More here

and more updates here

More details are emerging but you can hear it directly yourself here.