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NBN will take years longer to complete: Economic forecaster

Stephanie McDonald | May 6, 2013
Economic forecaster BIS Shrapnel said it expects the National Broadband Network (NBN) will take “several years” longer to build than forecast by NBN Co.

"Over the next five years we're going to see a substantial increase in non-mining related engineering construction activity, which the NBN will just be a part of," Hart said.

He said telco construction work fell to a 15-year low prior to the start of NBN work in 2010, but investments in 4G and the NBN is helping to drive telco construction.

"With the NBN ramping up, the outlook for telecoms construction is very strong, and in fact is the strongest of all civil construction segments in the report," Hart said.

 

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