Good morning, and welcome to The Briefing.
Prime Minister Malcolm Turnbull has admitted the National Broadband Network may never make a profit and attempted to address concerns about the network’s usefulness and reliability.
Turnbull claimed the NBN “was a calamitous train wreck of a project when we came into government in 2013”, blaming the previous Labor government for the decision to start a new government-owned corporation to oversee the NBN from scratch rather than splitting Telstra into network and retail arms. Turnbull’s comments came after a Four Corners report found the rollout was delivering vastly different outcomes for network users depending upon factors such as which side of the street they live on, and could influence property prices and people’s living choices.
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Alex McKinnon, The Saturday Paper
