Stephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate) Share this | Hansard source

I thank Senator Minchin for that question. As he has indicated, the government has established a company—NBN Co. Ltd—that will invest up to $43 billion over eight years to build the National Broadband Network. It is the single largest infrastructure investment in Australia’s history. The company was incorporated on 9 April 2009 as a wholly Commonwealth owned public company, limited by shares, following the government decision on the NBN on 7 April. On 25 July the government announced that Mr Michael Quigley had been appointed as Executive Chairperson and CEO of NBN Co. Mr Quigley is an appointment of outstanding quality and, as had been indicated—