schmidty-au writes "NBN Co, the Australian Government company established to build Australia's national fibre-optic broadband network, announced today that, instead of the previously announced 100 Mbps network, it will provide 1 Gbps, within the existing AU$43 billion budget. Meanwhile, the Australian opposition, which has announced that it will scrap the network if it wins the 21 August election, and instead provide incentives to the private sector to improve the existing copper network, and to install wireless broadband (with promised peak speeds of 12 Mbps), does not understand or believe that this would be possible. The man who wants to be Australia's next Prime Minister, Tony Abbott, said today 'This idea that "hey presto" we are suddenly going to get 10 times the speed from something that isn't even built yet I find utterly implausible.'"
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