Scott Morrison has unveiled a major new infrastructure upgrade that will see Australia’s National Broadband Network converted to gas. Currently 0% of the NBN runs on gas.
Announcing the spending today, Mr Morrison said the upgrade would increase the speed at which political influence from the gas industry is converted into private-sector profits. Upload speeds of taxpayer money would also be increased.
“This is a world first. No other country has a broadband network that runs on gas. We’re leading the world in modernising the way we communicate,” Mr Morrison said.
Under the program, $3 billion worth of gas would be bought from private companies with the remainder to be spent on marketing.
The plan is expected to create as many as three jobs.