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Worst Offenders / Communications Portfolio ·Ranked #11

NBN Co (Commonwealth-funded operations)

D
Below Average
Annual Budget
$600M
Estimated Waste
$342M
ROI Grade
D — Below Average
Staff
7,000
Fiscal Year
2025-26
I tracked $600M/yr in spending by NBN Co (Commonwealth-funded operations). Significant performance gaps despite the budget. Grade: D.
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About this entity

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
Portfolio
Communications
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.
Findings & Evidence
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No linked findings yet
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