NBN Co will face inquiries in excess of the way it finances its organization business in “early 2021” with the competitiveness watchdog established to open up an inquiry into the matter.
The Australian Competitors and Purchaser Commission (ACCC) uncovered the transparency probe in paperwork this 7 days, following a yr of calls for this sort of a procedure to get started.
The ACCC to start with took an desire in the issue of no matter whether NBN Co utilizes profits from its regulated things to do – giving household broadband – to subsidise its entry into the organization and authorities market in early 2020.
This was followed in April by calls from Telstra for NBN Co to present a full breakdown of its charges, and then in June by the ACCC reconfirming its desire in the issue.
A single of the sticking details for the ACCC during 2020 was the