NBN's Bill Morrow says rollout on budget despite $19.5 billion Government top-up

3 February 2017

The NBN company's chief executive, Bill Morrow, says the $49 billion project is rolling out on time and on budget, despite having to secure a special loan from the Federal Government late last year.

The $19.5 billion top-up is in addition to the Government's previously announced $29 billion for the project. It was negotiated despite original expectations that the private sector would be tapped to cover any shortfall.

Publication Details

Format: 
Resource Type: 
License type (if applicable): 

Cite this document

Suggested Citation

Sabra Lane, 2017, NBN's Bill Morrow says rollout on budget despite $19.5 billion Government top-up, AM News and Current Affairs, viewed 25 April 2017, <http://apo.org.au/node/72547>.

Page Shares