THE NBN – farce or fixer

Per the article in AFN dated 10 Feb 2021 in regards to the NBN growing its client account database. “It said this was largely due to the shrinking subscriber costs to Telstra and Optus – legacy payments made to disconnect their existing customers so as to migrate them over to the NBN. Where NBN Co shelled out $1.44 billion in the first half of last financial year, it forked out only $809 million this time.”

Since April 2018 we have seen much of the new NBN become superfluous in Australia, with the fast rollout of the 5G networks by many competing providers.

One big benefit that comes with using the fixed line service versus the 5G mobile service, is that services like the NBN can provide its users with the ability to provide a fixed static IP address which is an important feature for many business users. Mobile services may not offer this.

Otherwise, let it rip and negotiate the best 5G deal you can. It’s a buyer market as companies like Telstra, will try to hold and maintain market share. For the time being, growing their market share might be all but impossible.

NBN write-down ‘inevitable’, warns ratings agency S&P
By business reporters Michael Janda and Stephanie Chalmers Updated 25 Jul 2018, 7:54pm

NBN budget revised up again to $51 billion as higher costs and slower … https://www.abc.net.au/news/2018-08-31/nbn-cost-revised-up-to-51…/10187108 Aug 30, 2018 – In its latest corporate plan released today, NBN Co predicted 80 per cent of Australianhomes and businesses would be connected to …

NBN costThe project cost jumped from the Liberal Party’s estimated $29.5 billion before the 2013 federal election, to $46-56 billion afterwards. In 2016 NBN Co. said it was on target for $49 billion, but by late 2018 the estimated final cost was $51 billion.

It will take decades ‘if ever’ for cost of NBN to be recouped: Telstra
https://www.smh.com.au › Business › Companies › NBNJan 5, 2018 – The government requires the $49 billion NBN to recover the cost of its rollout around Australia, which directly affects the prices it charges telcos for access to its network, which they pass on to consumers.

Find out if you’re one of the many Australians entitled to an NBN refund – 27 January 2019 – https://thenewdaily.com.au › Money › Consumer – 13 hours ago – More than 142,000 NBN customers are entitled to a refund. … Thousands ofAustralian households have failed to take up compensation they .

Australian poker machine licenses … the untold cost on society

Per the liquor and gaming website in NSW. To operate gaming machines in Australia, you need: a club liquor licence or a hotel liquor licence, sufficient Gaming Machine Threshold (GMT) for the number of machines you want to operate in your venue. a Gaming Machine Entitlement (GME) or a poker machine permit (PMP) for each gaming machine installed at the venue.

and with reference to Australian Gambling STatistics https://www.qgso.qld.gov.au/issues/2646/australian-gambling-statistics-35th-edn-1992-93-2017-18.pdf

General industry information
The figures presented for New South Wales in this publication were provided by the Independent Liquor and Gaming
Authority, Liquor and & Gaming NSW and the NSW Department of Industry.
Number of gaming machines (as at 30 June 2018)
 Clubs – 69,466
 Hotels – 22,652
 Casinos – 1,500
Number of venues with gaming machines (as at 30 June 2018)
 Clubs – 1,094
 Hotels – 1,419
 Casinos – 1
Gaming machine duty rates
Gaming machine (poker machine) duty rates for clubs and hotels are in Tables 5 and 6.

According to the 2017/2018 ABS statistics, the average Australian spend on a per Capita basis, for all Gambling turnover, records a Gaming spend of $7,764 and a Casino spend of $1,310 for each and every Australian.

More specifically, out of the total Gaming spend in Australia of $12,520,422 Million dollars and Gaming represent 68% of the total Gambling spend, whilst the total Casino spend of $5,100,585 million dollars represents 11.5% of the total spend for all gambling in Australia.

Mobile speeding cameras…. do they save lives or do they just raise revenue …

We are told that traffic monitoring cameras are only used for our own drib=ving and public safety and not because of the many millions and millions of dollars they generate the Government in fine revenues.

Certainly safety is paramount…. but what’s the real tangible benefits so far …

Can Australians afford the safety costs associated with Traffic management …. fine payments versus food on the table versus ability to meet electricity, gas and schooling costs etc.

Does one personal or family persons tragedy continue to mean or result in new rules for everyone else?

Who benefits from Tweeting …

Think about it!
Who is making money when people twitter.
Tweets about trade.
Tweets about Communications
Tweets about Countries
Tweets about WHO
Tweets about Stock
Tweets about the environment
Tweets about oil
Tweets about steel
Tweets about interest rates and currency.

Who is benefiting from the tweets.
Who knows about the Tweets in advance?
Who knows and is benefiting before and after the tweets.
Who is watching out for this!!

You decide.
Most likely, we won’t know the real outcomes for a long time!