Home > Cool Tech, Regulatory, Telcom > Australia Stimulates Economy by Wiring the Nation

Australia Stimulates Economy by Wiring the Nation

The Australian government has made a stunning commitment to build a nation-wide fibre network infrastructure. But not only that, it will be an “open-access wholesale only” infrastructure. This is exactly what Canada needs; or maybe we should all just move to Australia? (well except for their draconian Internet Censorship)

The network will be “open access” so retail ISPs can build their own products to sell to businesses and consumers.

Calling it, the “single largest infrastructure decision in Australia’s history”, Rudd said the project would employ up to 37,000 people a year and help stimulate the Australian economy. Private industry would contribute up to 49% of the funds, and the government would sell the company after operating it for 5 years, he said.

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Categories: Cool Tech, Regulatory, Telcom
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