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Tag: 45billion

NBN will spend $4.5billion bringing high-speed connections to 10 million Australian homes

Three in four Australian households will now have access to ULTRA-FAST broadband under $4.5billion NBN plan – but you’ll have to pay more – so are you prepared to upgrade?

  • The plan will give 6 million homes access to ultra-fast broadband by 2023
  • It will be financed through NBN Co borrowing from private debt markets
  • The NBN is estimated to increase Australia’s GDP by $6.4 billion a year by 2024 

Millions of homes and businesses are set to gain access to ultra-fast broadband speeds of up to one gigabit per second in an upgrade to the National Broadband Network.

The $4.5 billion network investment plan will give up to 75 per cent of fixed line premises, or 6 million homes, across regional and metropolitan Australia access to ultra-fast

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