Broadband Users, Prepare for Wallet Rape

Simon Hackett, Managing Director of Internode describes, in the most accurate way I’ve seen, how we the internet user are about to have our wallets raped horribly. (Business, Private users, it applies to us all)

While the title of my post is harsh, the sentiment is about right. The issue in Australia is price for service, it’s simple, yet stupid politicians from both parties are to blind to see the forest for the Telstra monopoly idea (FTTN – Fibre to the Node). Reality is it’s to expensive now, anything done needs to drive the Price For Speed (PFS) rate down.