Government shrugs off demands for NBN funding shift

Government shrugs off demands for NBN funding shift

The Business Council and the Opposition both want to squeeze National Broadband Network funding for the Queensland flood recovery, but the Government isn't budging

The Federal Government has shrugged off pressure from The Business Council and Opposition leader, Tony Abbott, over demands to delay funding for the National Broadband Network (NBN) and direct the money to the Queensland flood disaster recovery effort.

The Business Council chief, Graham Bradley, told ABC Radio the Government should consider funding cuts in all areas, including the NBN.

Abbott also asked the Government to “rethink spending” due to the floods.

Finance Minister, Penny Wong, has dispelled any speculation money for the NBN will be redistributed at this point.

According to the ABC, Wong stressed the long-term benefits of the NBN to Australians that require faster and more affordable broadband.

She said the Government remained committed to the project.

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Tags abcNational Broadband Network (NBN)Tony AbbottPenny WongThe Business Council

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