The total cost of the failed National Broadband Network Mark I tender process was in excess of $30 million, an Auditor‐General’s Report has revealed today.

It is clear from the Australian National Audit Office report into the National Broadband Network Request for Proposal Process that Minister Conroy oversaw a fatally flawed and costly process.

It is also clear the Minister ignored increasing warnings that the process was failing.

For nearly 18 months from December 2007 until April 2009 Chaotic Conroy ensured more than $30 million went down the drain.

After more than two years of Rudd talk the fact is not one new broadband service has been delivered through Labor’s NBN.

As the Minister was overseeing this spectacular failure, he cancelled the previous Coalition Government’s OPEL contract which would have delivered new and affordable broadband services to 900,000 under‐served households across Australia by the end of last year.

Now after this catastrophic policy failure, Chaotic Conroy and Reckless Rudd are charging ahead with a $43 billion NBN proposal without any cost‐benefit‐analysis or business plan.

This Report should ring alarm bells for Australians about the failure of Rudd Labor to assess risk and ensure value for money.

The only certainty with Rudd Government policy implementation is recklessness, incompetence and a failure to deliver.