Day: February 24, 2011

Do the Banks Need a Great Big New Tax?

The Australian Bankers Association say the total asset base of the big four banks required to earn these profits is $1,170 billion and the return on these assets is less than 1 percent.

Optus out to stop NBN scope creep

The National Broadband Network Company’s attempt to backhaul all traffic to interconnect in seven state capitals was a huge example of scope creep. It took the firm well beyond the realm of offering last-mile access. Do we need to look out for more?

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