NBN Co to limit spending in limbo period

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NBN Co to limit spending in limbo period

Aug 24, 2010 2:42 PM

Affected vendors to be notified.

NBN Co has announced it would cut down on its spending until its future is
determined by the forming of a Federal
Government, post Saturday's hung election result.

The freeze on spending and procurement was first reported by the Sydney Morning
Herald.

The company said in a statement that it would "continue to operate, plan and use
existing resources but would seek to
minimise any discretionary expenditure".

http://x2t.com/who_won_limbo

Cheers Don...

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Don McKenzie

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Re: NBN Co to limit spending in limbo period



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use existing resources but would seek to
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In other words their salaries.

Re: NBN Co to limit spending in limbo period


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Be nice if they were to pay their own way from now on without any
Federal Government funds. after all they are a company, that more than
likely, rort the system. Like any other that was introduced by Labor.

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