Rupert Murdoch Says NBN Is A Ridiculous Idea?

Rupert Murdoch Says NBN Is A Ridiculous Idea?

News Corp owner, Rupert Murdoch says that building the high-speed broadband National Broadband Network had been a waste of money and remained in danger of being overtaken by mobile technology. Murdoch has stated that the high speed broadband network, which continues under the new Abbott government as a slower mixed-technology rollout, was “ridiculous.”

The News Corporation boss gave a lengthy interview on Foxtel channel Sky News to mark the 50th anniversary of his company’s national newspaper, The Australian.

On the current state of the Australian economy, he said there had been “six years of very mixed government in which the cost of production and the cost of employing people has gone up so much”.

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