14th Feb 2011. The Australian Government today released an independent assessment of NBN Co’s Corporate Plan which reviewed NBN Co’s key assumptions for the National Broadband Network (NBN). Only the executive summary has been released, a brief, 6 page document.
Press commentary of the report is mixed:
“Caliburn report on NBN leaves basic questions unanswered” reports The Australian “The federal government program of selective releases supporting its $37.1 billion NBN spending still leaves the fundamental questions unanswered and the governance issues untested….The report gives some comfort, declaring the assumptions used by NBN to be reasonable, as with its conclusions…but that still raises myriad questions, like governance arrangements and whether the spending is justified in the first place.”
From the media statement:
“The Greenhill Caliburn report confirms NBN Co’s key assumptions underlying revenue and cost projections which provide the Government with a reasonable basis on which to make commercial decisions about the NBN,” Senator Conroy said. “As with any infrastructure project, there are always risks, contingencies and external factors and the Government will work closely with NBN Co to put in place agreed performance indicators to track its performance and adjust strategies or operations as needed.