What will it "cost" (implied, 'the taxpayer') to build the NBN?[that's the Network rollout, not the company]Turnbull always knew that the one and only difference in cost to the taxpayer between his mangled copper mess and the Quigley Full Fibre plan was the yearly interest on the difference in Equity 'injected' by the Government into NBN Co. It's why he's worked so hard to discredit the 2012 FTTP business plan, to disguise the real difference between the Plans.
The ALP had committed $30.4 billion in "Equity" to NBN Co and Turnbull $29.5 billion: just a $900 million difference.
At current record low 10-year Government Bond yields (~2.5% locked in for the life of the bond), that's $22.5 million/year extra for the Real Deal - under $250 million for the entire project, that's fantastic value!
If Turnbull's Mangled Mess takes just one year longer to payback all the Government's money, then it costs the taxpayer more than Full Fibre alternative. Because the estimated returns & profitability have never been disclosed, we simply don't know just how much extra Turnbull is going to stick the taxpayer for his sub-par Copper Mess.
Politicians trumpet every single minuscule advantage from the rooftops: if Copper Broadband was going to make good money, Turnbull would've had to lead with that detail. The total suppression of the most critical financial detail tells us it's a critical weakness of the Turnbull Plan.
Turnbull very carefully never discussed key financial data for his "NBN-Lite": profitability, payback period or Internal Rate of Return (IRR - the equivalent interest rate on invested capital over the life of the project). This wasn't accidental, as shown when his staffer swore at me for daring to ask for this data.
Turnbull's proposal is "Lite", exceptionally so, in the one area that matters most: Profits, the sole driver making an investment different to normal "expenditure", such as on roads and highways.