‘Kevin Morgan warns that the Gillard Government $36 billion national broadband network already seems to be blowing out badly:
No one, of course, is pointing out that the NBN’s costs could explode. Why would they when NBN Co’s 900 employees are averaging more than $150,000 a year? And the gravy train doesn’t stop there. Consultants, lawyers and IT contractors are doing even better. In the 12 months to June, NBN Co spent $60m on consultants and a whopping $42m on legal costs while $220m has been spent or committed to a billing and operational support system even though NBN Co will be dealing with at most only a couple of hundred customers. And this cost could double…’          source