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PP42 April 2012

Procurement of NBN suffers 2010 losses

27 Sep 2011

Source: Industry Search


The procurement of the National Broadband Network made a $323 million loss in the 2010 financial year, on the back of employee related expenses, legal and technical fees and information technology facility expenses.

The loss was revealed in the government's first performance report on the NBN rollout, which was released by a joint parliamentary committee.

Read more here.

 

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