Fast. Affordable. Sooner. The Coalition’s Plan for a better NBN

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The next Coalition government will deliver fast broadband that’s affordable for all Australians.

The Coalition’s plan to transform the NBN will see:

· Download speeds of between 25 and 100 megabits per second by the end of 2016 and 50 to 100 megabits per second by 2019.

· The rollout of the NBN under the Coalition will be complete by the end of 2019.

· Regions with substandard internet services will receive priority rollout.

· Basic broadband plans will always be more affordable under the Coalition than under Labor. Projections show that prices will be $24 cheaper a month by 2021 than under Labor’s NBN projected prices.

· The Coalition’s NBN will cost tens of billions less to complete than Labor’s NBN.

The Coalition’s plan will ensure the National Broadband Network is rolled out faster and cheaper, resulting in lower prices for consumers.

Families and businesses will enjoy significant increases in bandwidth given that download rates in Australia currently average less than 5 megabits per second.

Under the Coalition’s NBN all premises will have access to download speeds 25mbps to 100mbps by the end of 2016. The minimum speed will rise to 50mbps by the end of 2019 for 90 per cent of fixed line users.

We will give highest priority to the suburbs, towns and regions with the poorest broadband services today.

By contrast, Labor has failed to deliver any improvement in service to up to 2 million premises with poor broadband. Homes with a sub-standard service, new housing estates with no connection at all and the many multi-dwelling premises (such as apartment blocks) that have not been connected have little or no prospect of getting better broadband under Labor.

The Coalition’s NBN will be affordable for consumers.

From day one, average retail prices under a Coalition NBN won’t exceed prices for Labor’s NBN.

Over time, rollout savings will mean the average household broadband plan for the Coalition’s NBN will be considerably more affordable than the same plan if Labor’s NBN proceeds.

By 2021, the projected retail cost of the average broadband plan under a Coalition NBN would be $66 per month, compared to at least $90 per month with Labor’s NBN.

Labor’s own modelling predicts that prices for household broadband plans will have to quadruple in the next few years if the NBN is ever to repay the borrowed money spent to build it. Such increases will leave the NBN out of reach for average Australian families.

The Coalition’s NBN will be affordable for taxpayers.

A Coalition government will reduce the burden on taxpayers, by drastically reducing the funding needed to complete the project.

Funding costs for the Coalition’s NBN will be approximately 66 per cent less than Labor’s NBN. That’s based on the latest analysis showing Labor’s NBN will cost more than $90 billion to complete.

Our plan will cost $29.5 billion. This will ensure the NBN is cash flow positive and can operate without assistance from government.

There will be greater transparency under the Coalition

A Coalition government will conduct:

· A rigorous review into NBN Co.’s current commercial progress and options to meet the Coalition’s policy objectives.

· An independent audit into how Labor’s costly NBN was designed with no cost-benefit analysis or any consideration of other options.

· An independent review into the long-term structure and regulation of telecommunications.

There’ll be more accountability under a Coalition government with NBN Co. required to report more often to parliament, to explain its financial performance to taxpayers each quarter and provide more disclosure about its rollout and end-user take-up.

The Coalition’s plan will ensure that all Australian households and businesses can reap the benefits of the NBN much sooner and at affordable prices for consumers.

*2021 estimated retail price/month

Labor has a record of failure in delivering the NBN.

Under Kevin Rudd, Labor promised fast broadband for all Australians by 2013 for a cost of $4.7 billion.

After more than 5 years in Government, only 10,400 users have signed up to the Labor’s fibre network despite $7.5 billion in cash injections to the NBN by June – already almost double the money Kevin Rudd said was needed to complete the entire NBN.

Based on the NBN’s own targets – which they have consistently failed to meet – the rollout will not be finished until 2021. On its current pace, the rollout will take years longer.

Labor now claims its NBN will cost $37 billion but latest estimates and available data indicate this projection is completely misleading. The real cost of Labor’s NBN is likely to be more than $90 billion by 2021.