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NBN benefits outweigh costs

NBN Co boss Bill Morrow has said the benefits of the NBN far outweigh the $49 billion price tag.

Morrow told the Australia-Israel Chamber of Commerce the public’s attention should be on the technological advances the NBN could afford in health, education and entertainment.

“The NBN is unique globally, it will give Australia a unique edge,” he said.

“We’re now entering an exciting time in history, the NBN generation, or GenNBN. It will be a time of rapid change and unique opportunity for all Australians, particularly for our businesses.”

Morrow down played the changes to the network’s technology mix that have been widely criticised, saying the five technologies being used to deliver NBN will make Australia the world’s first fully-connected continent.

“By 2020, we’ll be the first country of our size to make broadband access universal,” Morrow said. “In the next three years, NBN will put Australia ahead of the world for high speed, universal broadband access.”

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