The final report of the Australian Government Competitive Neutrality Complaints Office’s investigation into a complaint made in October 2020 regarding NBN Co’s application of the Federal Government’s competitive neutrality policy has been published by the Productivity Commission.
The Federal Government notes the unique circumstances of NBN Co as the default provider of wholesale broadband services across Australia and is committed to delivering a better NBN, which will improve speeds and reliability including for regional Australia.
The Federal Government will provide NBN Co with a $2.4 billion equity injection over four years to expand fibre and enable access to speeds of up to 1GB per second to nearly 10 million homes and businesses by late 2025.
This funding is in addition to $480 million that has already been provided to upgrade NBN Co’s fixed wireless network.
The Federal Government is considering the report’s recommendations and the implications for Australian households, businesses and communities and thanks the Productivity Commission for its work in developing the report.
