The company tasked with updating Australia's broadband infrastructure will announce today that it intends to provide speeds 100 times faster than originally planned, without increasing the budget.
According to Aussie news outfit The Age, NBN Co will provide a gigabit fibre optic network for the same AU$43 billion originally earmarked for a 100Mb/s network.
Apparently, much of the hardware being installed was already capable of the higher speeds but the company only decided to enable the full capacity after talks with ISPs and industry watchdogs.
Gigabit broadband is nearly 170 times faster than the average ADSL connection
Australia currently has a coalition government which has been accused of showing a lack of commitment to the future of broadband. Which might sound oddly familiar to UK readers.