Make a connection: Australia’s national broadband plan doomed to fail

There is grim irony in the fact that the Government of the party pledged to look after the little people appears to be damaging the value of the Telstra shares into which more than a million Australian small investors sank their savings, reports The Age.Of course, nothing is ironclad in share trading, but cutting confidence in the stock by excluding Telstra, on what looks like a thin bureaucratic ploy, from bidding for the national broadband network (NBN) alarmed analysts and the share price plunged.To read this report in The Age in full, see:
business.theage.com.au/business/make-a-connection-national-broadband-plan-doomed-to-fail-20090331-9idg.html
business.smh.com.au/business/make-a-connection-national-broadband-plan-doomed-to-fail-20090331-9idg.html