Australian government’s NBN to cost $12bn more and take four years longer

The Coalition government has massively revised its plan for the National Broadband Network, breaking a promise to complete the first stage by 2016, after a strategic review found cost blowouts and poor management.Under the new Coalition plan, the NBN will be completed with a mix of technologies containing just 26% fibre to the home, will cost almost $12bn more to complete and will take four years longer than promised by the Coalition before the election.

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