It has been three months since the Government announced plans to form a new company that, together with the private sector, will invest up to $43 billion over eight years to build a high speed National Broadband Network (NBN).

The Government will be the majority shareholder, but it will sell down its interests within five years of the new network becoming operational, and the private sector can invest via cash or the contribution of assets.

To read this report from ABC TV’s Lateline, or watch it online, see:
www.abc.net.au/news/stories/2009/07/03/2616285.htm