Entire NBN board resigns




The board of NBN Co has offered to resign en masse, falling on their sword amid suggestions they do not have the confidence of the incoming government.      :o

The chairwoman Siobhan McKenna submitted her resignation to the Minister for Communications, Malcolm Turnbull, along with the rest of the board. Former Telstra boss Ziggy Switkowski is waiting in the wings to be appointed executive chairman.      :(

Kerry Schott is expected to be one of the only directors invited to stay on by Mr Turnbull, who has been highly critical of the board and the way the company has been run under the Labor government.




The resignations have not yet been accepted by Mr Turnbull. A decision is to be made at a cabinet meeting early next month. Mr Turnbull has blamed the board and executive team for the massive cost blowouts, timetable delays and for contractors losing money.


The board clear-out is the latest upheaval for Australia's largest infrastructure project and highlights the task facing Mr Turnbull as he moves to implement the Coalition's vastly different plan for the project.

NBN chief executive Mike Quigley saw the writing on the wall in July as polls indicated a landslide win to the Coalition and resigned suddenly after signing a new three-year contract with NBN Co.

Under Dr Switkowski three separate reviews and a forensic audit of NBN Co will be undertaken immediately to look at the ownership structure, which could include the private sector being invited to take equity to help fund the rollout.

NBN Co will switch from a fibre-to-the-home network to the cheaper fibre-to-the-node and fibre-to-the-basement network, which will require massive changes to contracts and relationships with contractors, Telstra and other networks.      :(

It will require a renegotiation of the Telstra/NBN deal to arrange copper access and compensation as well as redesigning the rollout.

Mr Turnbull, a long-time critic of NBN Co, has previously accused the project of being bogged down by infighting.

Following the resignation of Mr Quigley, Mr Turnbull turned his attention to Ms McKenna. He described her as having "no experience" in the telecoms sector and raised questions about whether her background as a management consultant qualified her to chair a network business. In July Mr Turnbull also hinted he might sack some board members.

Mr Turnbull's office declined to comment. Dr Switkowski could not be reached.

Read more: http://www.smh.com.au/business/entire-nbn-board-resigns-20130922-2u835.html#ixzz2fepXNBxV

Personally, I would have hung around for the payout.

excuse me... the board has no confidence in the incoming government  ;D ;D ;D ;D ;D ;D

We have heard it all now.

Ex Dame Pansi wrote on Sep 23^rd, 2013 at 7:13am:

Personally, I would have hung around for the payout.

we know!!!! >:(

hey they may b e asked to justify their jobs.....ouch...what have they done since 2008?..... we do kn ow they fly here there and everywhere.. why is the problem?????

Rider wrote on Sep 23^rd, 2013 at 7:17am:

excuse me... the board has no confidence in the incoming government  ;D ;D ;D ;D ;D ;D We have heard it all now.

Clearly they quit because it's the other way around and so they jumped before being pushed by a government that has little or no confidence in the NBN board...

Armchair_Politician wrote on Sep 23^rd, 2013 at 7:40am:

Rider wrote on Sep 23rd, 2013 at 7:17am: excuse me... the board has no confidence in the incoming government  ;D ;D ;D ;D ;D ;D We have heard it all now. Clearly they quit because it's the other way around and so they jumped before being pushed by a government that has little or no confidence in the NBN board...

I heard they had OFFERED to resign - not fully resigned as suggested in the OP.  The ball is in Turnbull's court now.  If they all resign, that is a lot of corporate knowledge to lose in one big hit -  that may put the project back many years

like I was saying a week or so back..

Tony isn't going to put up with this meritocracy sh1t where people and boards just don't perform...

the CEO saw the writing on the wall a few months back and ran for it...

after recent sackings of useless Public Sector senior Bosses who have failed the Australian people I guess the rest of this useless lot have seen the writing on the wall and have decided to jump...

well good riddance to the worthless losers...

Well done Tony... (insert clapping emoticon)

Vic wrote on Sep 23^rd, 2013 at 7:42am:

The ball is in Turnbull's court now.  If they all resign, that is a lot of corporate knowledge to lose in one big hit - that may put the project back many years

In TIME - or in STANDARD ?

For the LATTER, the  LibNats have achieved this on their OWN - thank-you very much
- with their FTTB ( ... Fibre To The Bottleneck) model

I can't say I blame them ... I wouldn't want my name attached to that crock of sh1t the libs want to put in as the NBN .... there's a fine way to ruin your future career

No great loss :)

red baron wrote on Sep 23^rd, 2013 at 8:25am:

No great loss :)

And no big payouts!

Why would they want to bring back the least competent Telstra GM ever ????

The guy who made losses and supervised a share price going from just under $20 down to about $2.

Oh sorry that's right - looking after mates.

red baron wrote on Sep 23^rd, 2013 at 8:25am:

No great loss

If you exclude Australia and our best interests.

True Blue... wrote on Sep 23^rd, 2013 at 7:45am:

like I was saying a week or so back.. Tony isn't going to put up with this meritocracy sh1t where people and boards just don't perform... the CEO saw the writing on the wall a few months back and ran for it... after recent sackings of useless Public Sector senior Bosses who have failed the Australian people I guess the rest of this useless lot have seen the writing on the wall and have decided to jump... well good riddance to the worthless losers... Well done Tony... (insert clapping emoticon)

The nbn's greatest achievement has been to redefine the words INCOMPETANCE and WASTE

Nothing else. Its a slow motion train wreck coming to a town near you (sometime in 2017....for my outback inner Melbourne suburb that is)

Rider wrote on Sep 23^rd, 2013 at 9:12am:

True Blue... wrote on Sep 23rd, 2013 at 7:45am: like I was saying a week or so back.. Tony isn't going to put up with this meritocracy sh1t where people and boards just don't perform... the CEO saw the writing on the wall a few months back and ran for it... after recent sackings of useless Public Sector senior Bosses who have failed the Australian people I guess the rest of this useless lot have seen the writing on the wall and have decided to jump... well good riddance to the worthless losers... Well done Tony... (insert clapping emoticon) The nbn's greatest achievement has been to redefine the words INCOMPETANCE and WASTE Nothing else. Its a slow motion train wreck coming to a town near you (sometime in 2017....for my outback inner Melbourne suburb that is)

Yes areas already covered by adequate speed internet were never intended to be the first on the list.

Unfortunately like me now you will very likely get nothing never, you will be left to covert third world internet speeds.

Dnarever wrote on Sep 23^rd, 2013 at 9:58am:

... Unfortunately like me now you will very likely get nothing never, you will be left to covert third world internet speeds.

It happened almost by accident. A Yank who didn't understand that Australia isn't the US tried to thwart the government. The government responded with a plan to build over monopoly assets for which the Yank was responsible, rendering them worthless. As a shareholder, I was right royally pissed off (with Trujillo).

For a brief moment, Australia had the promise of world-class infrastructure.

Funny thing, according to media reports the only director likely to be retained is Kerry Schott.
She appears to be the only one with visible Labor connections.
But nobody knows yet what the cabinet will do with the "offered" resignations.

NBN board slurs 'disgraceful': Albanese

Date
    September 23, 2013


Opposition communications spokesman Anthony Albanese says news that all but one of NBN Co’s directors have offered to resign is an indication the Coalition has already started ‘‘wrecking’’ the National Broadband Network.      :(

‘‘Mr Turnbull’s ongoing slurs on the professionalism and competence of the NBN Co board have been disgraceful,’’ Mr Albanese said.

‘‘NBN Co’s board members are directing the rollout of Australia’s largest ever infrastructure project and deserve support, not denigration. It is clear that the Coalition is determined to forge ahead with its plan to wreck the NBN, putting in its place a second rate network that relies on last century’s copper.’’      :(


Mr Albanese called on Mr Turnbull to confirm whether the board has offered its resignation en masse and whether he will accept it or reject it, but the new Communications Minister has not yet made any public comments about the board’s move.

Meanwhile, Telstra has confirmed it has started testing fibre-to-the-node and vectoring technologies at a secret location on its network.

The tests were being conducted with equipment provider Alcatel-Lucent, which has been one of Telstra’s suppliers for many years and has been involved in several FTTN roll outs in Europe.

Read more: http://www.theage.com.au/business/nbn-board-slurs-disgraceful-albanese-20130923-2u9po.html#ixzz2fhGZVmSI

The NBN is massively behind (only meeting 20% of targets) and with huge budget blowouts and contractors abandoning ship over payments.

They are resigning to avoid being sacked.

http://www.independentaustralia.net/Wordpress/wp-content/uploads/2013/04/293893-pm-nbn-reaction-meme.jpg

Turnbull demanded their resignation. That was a courtesy, otherwise he would have sacked the high earning (said loosely) taxpayer funded muppets.

Ex Dame Pansi wrote on Sep 24^th, 2013 at 10:22am:

http://www.independentaustralia.net/Wordpress/wp-content/uploads/2013/04/293893-pm-nbn-reaction-meme.jpg

lol

Gillard and Swan....

Just so lol

FriYAY wrote on Sep 24^th, 2013 at 10:29am:

Ex Dame Pansi wrote on Sep 24th, 2013 at 10:22am: http://www.independentaustralia.net/Wordpress/wp-content/uploads/2013/04/293893-pm-nbn-reaction-meme.jpg lol Gillard and Swan.... Just so lol

the lefties just dont GET IT do they????

a massive debt.. a broken down NBN... now NDIS wont have the bloody staff...talk about disabled.. the whole bloody 6 years were disabled but they cant see it????? ::) ::)

a bloody crock and they whinge after 4 days of the ABbott govt... PATHETIC

cods wrote on Sep 24^th, 2013 at 10:32am:

FriYAY wrote on Sep 24th, 2013 at 10:29am: Ex Dame Pansi wrote on Sep 24th, 2013 at 10:22am: http://www.independentaustralia.net/Wordpress/wp-content/uploads/2013/04/293893-pm-nbn-reaction-meme.jpg lol Gillard and Swan.... Just so lol the lefties just dont GET IT do they???? a massive debt.. a broken down NBN... now NDIS wont have the bloody staff...talk about disabled.. the whole bloody 6 years were disabled but they cant see it????? a bloody crock and they whinge after 4 days of the ABbott govt... PATHETIC

It is difficult to make an sensible argument based on statements which are rubbish

wrote on Sep 23^rd, 2013 at 5:05pm:

NBN board slurs 'disgraceful': Albanese Date     September 23, 2013 Opposition communications spokesman Anthony Albanese says news that all but one of NBN Co’s directors have offered to resign is an indication the Coalition has already started ‘‘wrecking’’ the National Broadband Network.      :( ‘‘Mr Turnbull’s ongoing slurs on the professionalism and competence of the NBN Co board have been disgraceful,’’ Mr Albanese said. ‘‘NBN Co’s board members are directing the rollout of Australia’s largest ever infrastructure project and deserve support, not denigration. It is clear that the Coalition is determined to forge ahead with its plan to wreck the NBN, putting in its place a second rate network that relies on last century’s copper.’’      :( Mr Albanese called on Mr Turnbull to confirm whether the board has offered its resignation en masse and whether he will accept it or reject it, but the new Communications Minister has not yet made any public comments about the board’s move. Meanwhile, Telstra has confirmed it has started testing fibre-to-the-node and vectoring technologies at a secret location on its network. The tests were being conducted with equipment provider Alcatel-Lucent, which has been one of Telstra’s suppliers for many years and has been involved in several FTTN roll outs in Europe. Read more: http://www.theage.com.au/business/nbn-board-slurs-disgraceful-albanese-20130923-2u9po.html#ixzz2fhGZVmSI

The tests were being conducted with equipment provider Alcatel-Lucent, which has been one of Telstra’s suppliers for many years and has been involved in several FTTN roll outs in Europe.

Now that the world has progressed away from FTTN they are looking to make a buck from the old technology in third world and back lot places.

longweekend58 wrote on Sep 23^rd, 2013 at 5:16pm:

The NBN is massively behind (only meeting 20% of targets) and with huge budget blowouts and contractors abandoning ship over payments. They are resigning to avoid being sacked.

It is understood the NBN rollout will fall significantly short of its target set in August last year to run fibre past 1.31 million premises by the end of this financial year. The number of existing premises to be passed is now believed to be as low as 600,000.

Thats 45.8% of targets, not 20%.

Verge wrote on Sep 24^th, 2013 at 11:57am:

longweekend58 wrote on Sep 23rd, 2013 at 5:16pm: The NBN is massively behind (only meeting 20% of targets) and with huge budget blowouts and contractors abandoning ship over payments. They are resigning to avoid being sacked. It is understood the NBN rollout will fall significantly short of its target set in August last year to run fibre past 1.31 million premises by the end of this financial year. The number of existing premises to be passed is now believed to be as low as 600,000. Thats 45.8% of targets, not 20%.

I have heard it reported as FAR lower.  and the 600,000 remains an estimate and we know how dodgy some of those NBN figures have been in the past.

longweekend58 wrote on Sep 24^th, 2013 at 12:04pm:

Verge wrote on Sep 24th, 2013 at 11:57am: longweekend58 wrote on Sep 23rd, 2013 at 5:16pm: The NBN is massively behind (only meeting 20% of targets) and with huge budget blowouts and contractors abandoning ship over payments. They are resigning to avoid being sacked. It is understood the NBN rollout will fall significantly short of its target set in August last year to run fibre past 1.31 million premises by the end of this financial year. The number of existing premises to be passed is now believed to be as low as 600,000. Thats 45.8% of targets, not 20%. I have heard it reported as FAR lower.  and the 600,000 remains an estimate and we know how dodgy some of those NBN figures have been in the past.

It met its target of 207,000 back in June though.

Verge wrote on Sep 24^th, 2013 at 12:06pm:

longweekend58 wrote on Sep 24th, 2013 at 12:04pm: Verge wrote on Sep 24th, 2013 at 11:57am: longweekend58 wrote on Sep 23rd, 2013 at 5:16pm: The NBN is massively behind (only meeting 20% of targets) and with huge budget blowouts and contractors abandoning ship over payments. They are resigning to avoid being sacked. It is understood the NBN rollout will fall significantly short of its target set in August last year to run fibre past 1.31 million premises by the end of this financial year. The number of existing premises to be passed is now believed to be as low as 600,000. Thats 45.8% of targets, not 20%. I have heard it reported as FAR lower.  and the 600,000 remains an estimate and we know how dodgy some of those NBN figures have been in the past. It met its target of 207,000 back in June though.

the targes keep getting reduced and they still keep missing it by a mile.  This is what I mean to the bozos that seem to think that australias largest ever infrastructure project could ever finish on time and on budget.  They are already way of budget and way under-delivering.  AS if anyone expected anything different!

longweekend58 wrote on Sep 24^th, 2013 at 12:09pm:

Verge wrote on Sep 24th, 2013 at 12:06pm: longweekend58 wrote on Sep 24th, 2013 at 12:04pm: Verge wrote on Sep 24th, 2013 at 11:57am: longweekend58 wrote on Sep 23rd, 2013 at 5:16pm: The NBN is massively behind (only meeting 20% of targets) and with huge budget blowouts and contractors abandoning ship over payments. They are resigning to avoid being sacked. It is understood the NBN rollout will fall significantly short of its target set in August last year to run fibre past 1.31 million premises by the end of this financial year. The number of existing premises to be passed is now believed to be as low as 600,000. Thats 45.8% of targets, not 20%. I have heard it reported as FAR lower.  and the 600,000 remains an estimate and we know how dodgy some of those NBN figures have been in the past. It met its target of 207,000 back in June though. the targes keep getting reduced and they still keep missing it by a mile.  This is what I mean to the bozos that seem to think that australias largest ever infrastructure project could ever finish on time and on budget.  They are already way of budget and way under-delivering.  AS if anyone expected anything different!

They were way off on the revised target at all.  It was revised in November to be 190-220 and delivered 207.

I acknowledge it is well over budget.

Verge wrote on Sep 24^th, 2013 at 12:49pm:

longweekend58 wrote on Sep 24th, 2013 at 12:09pm: Verge wrote on Sep 24th, 2013 at 12:06pm: longweekend58 wrote on Sep 24th, 2013 at 12:04pm: Verge wrote on Sep 24th, 2013 at 11:57am: longweekend58 wrote on Sep 23rd, 2013 at 5:16pm: The NBN is massively behind (only meeting 20% of targets) and with huge budget blowouts and contractors abandoning ship over payments. They are resigning to avoid being sacked. It is understood the NBN rollout will fall significantly short of its target set in August last year to run fibre past 1.31 million premises by the end of this financial year. The number of existing premises to be passed is now believed to be as low as 600,000. Thats 45.8% of targets, not 20%. I have heard it reported as FAR lower.  and the 600,000 remains an estimate and we know how dodgy some of those NBN figures have been in the past. It met its target of 207,000 back in June though. the targes keep getting reduced and they still keep missing it by a mile.  This is what I mean to the bozos that seem to think that australias largest ever infrastructure project could ever finish on time and on budget.  They are already way of budget and way under-delivering.  AS if anyone expected anything different! They were way off on the revised target at all.  It was revised in November to be 190-220 and delivered 207. I acknowledge it is well over budget.

its the communist Russia approach.  you restate your targets repeatedly so that when the bad news eventuates, they can claim accuracy.  Bottom line is that at the current rate, half the population will die before it is completed.  That's why NBN is being fundamentally altered: so that it can actually be completed.

longweekend58 wrote on Sep 24^th, 2013 at 12:57pm:

its the communist Russia approach.  you restate your targets repeatedly so that when the bad news eventuates, they can claim accuracy.  Bottom line is that at the current rate, half the population will die before it is completed.  That's why NBN is being fundamentally altered: so that it can actually be completed.

Quote:

Communications Minister Malcolm Turnbull has released an "interim statement of expectations" to NBN Co, setting new targets and asking it to keep rolling out fibre to the premises until a review is complete. Forecasts for the number of premises passed by fibre cable have been revised down. The figure is expected to be 729,000 by June 30, 2014, 1.74 million by June 20, 2015, and 3.115 million by June 30, 2016.

http://www.businessspectator.com.au/news/2013/9/24/technology/turnbull-revises-down-nbn-co-rollout-targets?utm_source=exact&utm_medium=email&utm_content=433205&utm_campaign=pm&modapt=

Own Goal?

Dnarever wrote on Sep 24^th, 2013 at 11:26am:

cods wrote on Sep 24th, 2013 at 10:32am: FriYAY wrote on Sep 24th, 2013 at 10:29am: Ex Dame Pansi wrote on Sep 24th, 2013 at 10:22am: http://www.independentaustralia.net/Wordpress/wp-content/uploads/2013/04/293893-pm-nbn-reaction-meme.jpg lol Gillard and Swan.... Just so lol the lefties just dont GET IT do they???? a massive debt.. a broken down NBN... now NDIS wont have the bloody staff...talk about disabled.. the whole bloody 6 years were disabled but they cant see it????? a bloody crock and they whinge after 4 days of the ABbott govt... PATHETIC It is difficult to make an sensible argument based on statements which are rubbish

yeah we righties know what you mean... your posts are amongst the worst what with the excuses...and the abysmal comments about Tony.. one shakes ones head one really does..

I have long given up even opening some lefty threads as just like DRAH...they are all the same.. nonsense...

when you get over your LOSS and stop dragging your knuckles through the ashes of what was the Labor party   let us know...

in the mean time children there is lots of help out there for you..it just isnt on a debating board thats all.