Appendix A: Policy Decisions taken since the 2012-13 Budget (Continued)
Capital Measures (Continued)
Broadband, Communications and the Digital Economy
National Broadband Network — revised investment
| 2011-12 | 2012-13 | 2013-14 | 2014-15 | 2015-16 | |
|---|---|---|---|---|---|
| Department of Broadband, Communications and the Digital Economy | ‑ | ‑ | ‑ | ‑ | ‑ |
The Government will increase its peak investment in NBN Co Limited (NBN Co) by $2.9 billion from $27.5 billion to $30.4 billion. This increased investment is consistent with capital and operating expenditure as set out in NBN Co's 2012‑15 Corporate Plan.
The Government's investment over the forward estimates is expected to be $4,672 million in 2012‑13, $6,119 million in 2013‑14, $6,664 million in 2014‑15, and $4,760 million in 2015‑16, with $5,354 million beyond the forward estimates. This is in addition to the $2,832 million investment already made.
The increased investment does not have a direct impact on the underlying cash or fiscal balances. Any additional public debt interest cost incurred by the Government would impact on the underlying cash and fiscal balance, and is accounted for separately in the budget estimates.
Further information can be found in NBN Co's 2012‑15 Corporate Plan and the press release of 8 August 2012 issued by the Minister for Broadband, Communications and the Digital Economy and the Minister for Finance and Deregulation.
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