Quote:
Originally Posted by Hagar
Peter, How is this narrow minded. You are allowed to have your opinion and in the event of it differing from mine, my opinion becomes narrow minded. I just don't see the need for the NBN and so far you haven't been able to quantify a reason for it either. If I say that in my opinion we can't afford it I am wrong because your crystal ball is dirty. Come ON.
Unfortunately at the moment we can't even afford the crystal ball let alone the expenditure of nice to have solutions to problems we are yet to discover. We are all in a position of debt and if the media is correct it is something like $14000 per adult Australian.
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You don't see the need for broadband and at a personal level neither do I for that matter, but I don't argue that just because I don't need it the money should be spent elsewhere, that there are more pressing issues (and there always are), just because it has no benefit for me. That is a narrow minded view, sorry Doug.
I haven't researched this matter, as I have no real interest in it, and therefore cannot give definitive reasons, however, a quick search of the Internet has abundant articles as to why it should be built.
Here is an excerpt from one such article, and it isn't even about Australia, it is international in scope, so we shouldn't lag behind:
"Survey respondents foresee the main benefits of ultra-fast broadband as including future strategy, staff productivity, staff location and customer relationship management. Around 70 percent of respondents said they would consider investing in collaborative tools, voice-over IP and cloud-based applications and services to leverage the benefits of ultra-fast broadband." full article here:
http://www.med.govt.nz/sectors-indus...dband/business
I agree that it is likely most people have debt, but "we are all in a position of debt" is an assumption Doug, sorry. I don't have any debt, and haven't done for a long time. And no, I am not rich either, far from it. I learned to managed money well, and I learned the hard way, in my early twenties. If I cannot afford to pay for something immediately, or quickly, if I had to borrow money, then I simply don't buy it. I never borrowed more than I could pay back quickly.
Whilst there is a significant amount of debt in Australia, there are a significant amount of deposits too. As at July 2012, which is the last figure I saw, Australian banks had deposits totally $16 billion, according to the RBA. So, not everyone is broke then.