Rupert Murdoch Wants To Destroy Australia's National Broadband Network

pcritter writes "With the Australian Federal Election looming, Rupert Murdoch, the owner of Australia's biggest newspapers, is looking to unseat the incumbent Labor government over its centerpiece National Broadband Network policy. The media mogul sees the NBN as a threat to his media empire and has ordered newspapers to attack the project at every opportunity. The NBN seeks to bring 100Mbps Fibre-To-The-Premises internet to 93% of the country with wireless and satellite for the remainder. It currently reaches 4% of the population and is slated to complete in 2021. The conservative opposition has promised to dramatically scale back the project."

Comments

Re:Rupert Murdoch can die in a hole already.

[aurispector]

If you're not making money, you're losing money. But only a government can simply tax you for more or worse borrow it and let your kids pay it back.

Put the government in charge of the Sahara desert and in five years it will run out of sand. Any organization tends toward inefficiency. A free and open competitive market tends to put pressure on participants to be efficient.

Governments have no idea how to run a tech (or any) business except to make it late, over budget and under spec. Every decision is made for political rather than economic reasons. The only people who think that's a good idea are fools that thing government is always good, or wolves that want the power.

Which are you?