What is NBN Co’s source of funding?
The NBN is being funded initially by equity funding from the Commonwealth. So far the Commonwealth has provided $662 million equity funding to NBN Co which covers all of NBN Co’s commitments as well as projected costs into the medium term. The Government’s Implementation Study estimates that $26 billion in equity funding will be required for the project. It is intended that the remaining funds needed to build the network and fund the company will come from NBN Co’s own revenues and, at an appropriate time, the private debt markets.
