The NBN is about to get a little faster.

The Government has unveiled a plan that will see it deliver fibre-to-the-node (FTTN) service to all Australians by the end of 2019.

The roll out is set to begin in 2019, meaning that by 2021 Australia will have completed the country’s rollout of the fibre-optic network, which is the backbone of the NBN.

The rollout of FTTN to all households is a significant achievement, but it won’t come cheap.

The government has committed to spend $60 billion to cover the costs of building, maintaining and upgrading the network.

It will cost about $60 per premises, with the remainder being paid by the Australian taxpayer.

“We are committed to providing the best possible services to Australians,” Communications Minister Stephen Conroy said.

“Our focus will be on delivering the best service for all Australians, including those who have limited, or no, access to internet, including low-income households, those in remote communities and the most vulnerable in our society.”

The NBN rollout is also expected to be a major driver of job creation in the next decade.

“By the end [of the decade] it will be a national economy with more than 1.8 million jobs created, and we have the greatest potential for the future for all of those jobs,” Conroy told the ABC’s Lateline program.

“I’m hopeful that that [job creation] will be in line with the rest of the global economy.”

The rollout will be completed by 2026.

In a statement, NBN Co chief executive Mike Quigley said that the rollout was a “once in a generation opportunity”.

“It is a unique opportunity for Australian communities and businesses to benefit from a network of the world’s most advanced fibre-based technologies, with significant potential for long-term economic growth,” he said.

But the rollout is set on a timeline that is more than a decade away, meaning some businesses may be left out of the loop.

“There’s an issue with the timeframe of the rollout, and the timing of it is just a matter of timing,” he told Lateline.

“So I’m hopeful the NBN will be delivered to every Australian in the future, so that businesses and individuals can benefit from it.”

What you need to know about the NBN:What’s the NBN?

Topics:government-and-politics,national-parliament,nbn,internet-technology,internet,technology-and/or-communications,telecommunications,internet service providers,broadband-internet-access,internetworking,government-administration,fibre-optics,technology,technology_and_communications,government,bundesministerial-department,business-economics-and_government,government—state-parliaments,internet_services,internet/technology,government_and-spending,internetrewarp,australia,united-statesFirst posted January 01, 2021 18:00:37Contact Greg BarnsTopics:technology-policy,information-and__communication,government/news,government+and-government-to,aussies,south-africaFirst posted   January 01, 2020 09:55:15Contact Michelle McLeanTopics:elections,government and-politics.parliament-house-2430,parliament

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