What the Flux

← What the Flux13 aug · 7 min

The NBN debacle

The NBN debacle13 aug7 min

In this series, Going Deep, we'll be doing bite-sized explorations into the most interesting industries, businesses and economic events in Australia and around the world.

For today's episode, we're looking at the NBN - Australia's national broadband network. In particular, how a $43 billion promise to give every Australian world-class internet became a $57 billion lesson in what happens when you overpromise and under-deliver.

In this episode, Brett and Justin explore what was originally promised, what actually got built, what it's cost us... and whether Australia can still claw its way back to where it should have been all along.

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Note: This recording took place in February 2026. All numbers noted were accurate as of this date.

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