Mitch Fifield (Victoria, Liberal Party, Minister for Communications) Share this | Hansard source

The NBN, according to its last corporate plan, has a funding range and is on track for repeat funding of $49 billion. I reiterate that that is $30 billion less than would have been the case under the approach of those opposite. I also indicate to colleagues that, if an extra $30 billion had been spent, internet bills for Australian households would, on average, be $500 a year more.

A government senator: How much?

The internet bill for your average Australian household would be $500 a year more if the approach of those opposite, which would have seen the NBN cost $30 billion more, had been continued with.