Malcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

I know that the opposition love to live in Conrovia! This project has been carefully restructured. It is under capable management. It is being carefully examined by the management. The reality is that at the time the Labor Party set this project up, and right up until earlier this year—even then—the company did not know how much it was costing to do its work. Every figure that came out of that business was questionable.

At the time of the election, so out of control was this company—so out of control was the Labor government—that they thought it was costing $2,200 in capital costs to connect premises with fibre. In reality, then and now, the direct capital costs are about $3,700. They did not even know what it was costing!

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