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Thursday, 10 May 2018
Page: 3655

Second Reading

Cognate debate.

Consideration resumed of the motion:

That this bill be now read a second time.

to which the following amendment was moved:

That all words after "That" be omitted with a view to substituting the following words:

"whilst not declining to give the bill a second reading, the House:

(1) is of the opinion the internet tax proposed in this package of bills is a direct consequence of the Prime Minister deploying a second-rate NBN that:

   (a) costs more to deploy;

   (b) delivers slower speeds;

   (c) will cost more to maintain;

   (d) will require expensive upgrades in the future;

   (e) is more exposed to wireless competition; and

   (f) generates less revenue from those willing to pay;

(2) notes the cost of the multi-technology mix increased from $29.5 billion to $41 billion in December 2013;

(3) notes the cost of the multi-tec hnology mix increased from $41 billion to $49 billion in August 2015;

(4) notes taxpayers were forced to step in with a $19.5 billion loan after NBN Co failed to secure private debt funding;

(5) notes that the Turnbull Government wants to give big business an $80 billion tax cut, as it seeks to introduce new internet taxes on households;

(6) notes the Turnbull Government, in rejecting fibre, is creating a digital divide in Regional Australia; and

(7) calls on the Government to stop punishing consumers and taxpayers for its NBN failures".