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NBN Co (Commonwealth-funded operations)
ROI Grade
D — Below Average
I tracked $600M/yr in spending by NBN Co (Commonwealth-funded operations). Significant performance gaps despite the budget. Grade: D.
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Commonwealth equity and ongoing support totalling $600M+ annually. Persistent complaint resolution failures and wholesale pricing controversy. Original $29B project delivered at $51B.
Annual Budget
$600M
Prior year: $620M (-3%)
Headcount
7,000 staff
$86K per employee
Budget Trend
↓ Budget Shrinking
Performance Targets vs Actuals
Target
90% of complaints resolved within 5 business days
Actual
58% of complaints resolved within 5 business days (TIO Annual Report 2024)
Source: TIO Telecommunications Industry Ombudsman Annual Report 2024. NBN Co Annual Report 2023–24.