Labor Announces $3 Billion Injection to Complete 15-Year-Old NBN

Government is committing to complete the NBN rollout by 2030.

Prime Minister Anthony Albanese speaks to media during a press conference to announce a National Broadband Network funding boost at Parliament House in Canberra, Australia, on Jan. 13, 2025. AAP Image/Dominic Giannini

Prime Minister Anthony Albanese has announced a $3 billion (US$1.8 billion) plan to complete the National Broadband Network (NBN) and improve internet speeds, as Labor and the Coalition begin ramping up their election campaigns.

The investment will upgrade fibre-to-the-node and add 622,000 new fibre connections, with over half allocated to regional and rural areas.