http://au.news.yahoo.com/latest/a/-/article/19075538/malcolm-turnbull-asks-nbn-co-board-to-resign-after-cost-blowouts-and-delays/

The ABC has confirmed the board of NBN Co was asked to resign by the Communications Minister Malcolm Turnbull.

Mr Turnbull has been severely critical of the board in the past, particularly its chairwoman, Siobhan McKenna, over cost blowouts and delays.

He made the request last week, ahead of a board meeting on Friday.

All but one board member, Brad Orgill, tendered their resignation.

It is understood Mr Turnbull is awaiting approval from the Prime Minister's office for three people he has selected to form a new board.

The former chief executive of Telstra, Ziggy Switkowski, is expected to be named executive chairman of NBN Co and existing director Kerry Schott is likely to remain on the board.

Earlier this month, Mr Turnbull said Mr Switkowski would be "highly qualified" and "eminently suitable" to be appointed head of NBN Co.

The Coalition plans to change the NBN from Labor's fibre-to-the-premise (FTTP) model to a slower but cheaper fibre-to-the-node (FTTN) model.

Telstra has built a test site in a laboratory to test the Government's preferred option and began a trial just after the election.

A petition, launched earlier this month by Queensland university student Nick Paine and calling for the Coalition to endorse the FTTP model, has gathered more than saying the party's election win gave it a mandate to go ahead with its NBN plan.

Quote:

The former chief executive of Telstra, Ziggy Switkowski, is expected to be named executive chairman of NBN Co and existing director Kerry Schott is likely to remain on the board.

Sack the board because they are incompetent and then put in the mate who took Telstra shares from just under $20 to $2.

That'll fix the problem Mal - you dope.

They should have refused en masse...

Dnarever wrote on Sep 23^rd, 2013 at 10:06pm:

Quote: The former chief executive of Telstra, Ziggy Switkowski, is expected to be named executive chairman of NBN Co and existing director Kerry Schott is likely to remain on the board. Sack the board because they are incompetent and then put in the mate who took Telstra shares from just under $20 to $2. That'll fix the problem Mal - you dope.

well whats been going on for 4 years hasnt worked... you would rather the incompetent remained wouldnt you???


ye gods what ever is wrong with lefties they admire incompetence...they even enjoy going into massive debt to pay these incompetents.. ::)NBN have almost 900 employees....god only knows what the Board and C EO is getting.... they are public servants we know it isnt peanuts...

but when it comes to COST blow out...

ho hum its called blindeye syndrome.. down in laborville.. >:(

cods wrote on Sep 24^th, 2013 at 7:13am:

Dnarever wrote on Sep 23rd, 2013 at 10:06pm: Quote: The former chief executive of Telstra, Ziggy Switkowski, is expected to be named executive chairman of NBN Co and existing director Kerry Schott is likely to remain on the board. Sack the board because they are incompetent and then put in the mate who took Telstra shares from just under $20 to $2. That'll fix the problem Mal - you dope. well whats been going on for 4 years hasnt worked... you would rather the incompetent remained wouldnt you??? ye gods what ever is wrong with lefties they admire incompetence...they even enjoy going into massive debt to pay these incompetents.. ::)NBN have almost 900 employees....god only knows what the Board and C EO is getting.... they are public servants we know it isnt peanuts... but when it comes to COST blow out... ho hum its called blindeye syndrome.. down in laborville.. >:(

How much has the program blown out by in cost?