The $37.4 billion National Broadband Network (NBN) is a transformative infrastructure investment that will put Australia at the cutting edge of broadband technology, boosting productivity and securing Australia's place among the world's top digital economies.
The NBN is the single largest nation building infrastructure project in Australia's history. It will provide high speed broadband access to all Australians, more equitable access to infrastructure for service providers, greater retail competition and more choice for families and businesses.
The NBN will provide a high speed, predominantly optical fibre broadband network to the home, delivering speeds of up to one gigabit per second to 93 per cent of homes, schools and businesses. The remaining seven per cent of premises will have access to a combination of next generation fixed wireless and satellite technologies, providing peak speeds of 25 megabits per second.
NBN fibre construction has already commenced or has been completed for almost one million homes, schools and businesses. Fibre rollout to over 4.8 million Australian premises is scheduled to be underway or completed by the middle of 2016.
Benefits for all Australians
The NBN will provide greater opportunities for Australian families and friends to connect.
Australian businesses will be able to compete more effectively both nationally and internationally. To assist small businesses to tap into the opportunities of the NBN, we are providing a further $7.2 million over three years to help businesses engage in the digital economy.
This Budget provides $5.7 million over two years to support local governments improve online service delivery. This Budget also provides $9.9 million over four years to assist senior Australians to participate and contribute online.
The NBN will enable health care providers to diagnose, monitor and provide ongoing care to patients remotely. The NBN will also enhance collaborative learning opportunities between education institutions.
The NBN will have a uniform national wholesale price. This will ensure that all Australians, including those in regional areas, have access to competitively priced broadband. The NBN will drive innovation and give users the capacity to boost productivity.