NBN Co to limit spending in limbo period

Aug 24, 2010 2 Replies
D

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".



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Cheers Don...



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S

use existing resources but would seek to

In other words their salaries.

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R

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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