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Nothing we didn’t already know but now the entire world is laughing at the incompetence of Rudd and Conroy with their back of a beer coaster NBN, without any cost benefit analysis. And now our internet speeds run even slower than Kenya. As Ronald Reagan said “government is not the solution to our problem; government is the problem”
 “…Australia, a wealthy nation with a widely envied quality of life, lags in one essential area of modern life: its internet speed. Eight years after the country began an unprecedented broadband modernization effort that will cost at least 49 billion Australian dollars, or $36 billion, its average internet speed lags that of the United States, most of Western Europe, Japan and South Korea. In the most recent ranking of internet speeds by Akamai, a networking company, Australia came in at an embarrassing No. 51, trailing developing economies like Thailand and Kenya.

The story of Australia’s costly internet bungle illustrates the hazards of mingling telecommunication infrastructure with the impatience of modern politics. The internet modernization plan has been hobbled by cost overruns, partisan manoeuvring and a major technical compromise that put 19th-century technology between the country’s 21st-century digital backbone and many of its homes and businesses.