4 ms·
>The government admits that they don't have the money As with all large government infrastructure projects, the government will borrow money to fund developmen
by jstevens85 16y ago
>The government admits that they don't have the money
As with all large government infrastructure projects, the government will borrow money to fund development. This isn't a problem considering that Australia has the lowest public debt of any Western country, and net debt will peak at 6% of GDP in 2012.
>I think it is fair to say that the National Broadband Scheme in Australia is a dead project walking.
Centrebet 2010 Australian Federal Election
Labor $1.46
Coalition $2.65
It's likely that Labor will win the next election and continue with its plan to build a national broadband network.
>These projects sound good in theory but are terrible in execution because Governments just cannot understand commercial returns
I would say that China is an example of a Government that's been able to roll out a significant amount of infrastructure in a small amount of time.