The federal Opposition’s communications spokeswoman, Michelle Rowland, says Labor is considering a writedown of the National Broadband Network (NBN) if it wins the next election. Doing so would make it easier for NBNCo to reduce the cost at which it sells broadband capacity to telcos, but it would also cause a blowout in the Budget deficit. From The Australian:
…a potential multi-billion- dollar writedown [is] a live option, according to the opposition communications spokeswoman Michelle Rowland.
