Having the telecommunications infrastructure construction plan detailed provides greater certainty for developers.
The release of the National Broadband Network construction plan last week provides greater certainty for residential development by further detailing the footprint for the rollout which supports the efficient delivery of new housing.
This rollout footprint supports the efforts undertaken by the Property Council over the past 12 months to argue for greater efficiency, less delays and better coordination of the infrastructure specifications and delivery process.
Having the telecommunications infrastructure construction plan detailed provides greater certainty for developers. The release of the nbn construction rollout provides less risk about the timeframes that nbn infrastructure will pass through, or near new developments, which in absence of detail and good communication in the past has resulted in development hold ups, delays, and added costs. In particular, the rollout schedule provides additional detail about how close future projects are to the transit network, which reduces the risk of significant backhaul charges for a development that can add hundreds, if not thousands, of dollars to a new home.
Residential Development members of the Property Council met over the past year and worked constructively with now Prime Minister Turnbull and nbn CEO Bill Morrow as part of a wider industry group to improve efficiencies to reduce time and cost around the delivery.
The rollout plan looks ambitious over the next three years, however new developments have technical efficiencies for new home delivery for pit and pipe which are coming through. This should reduce some of the risks of delay and added cost for new housing.