NBN’s $A51 billion national network now supports 99 per cent of Australian premises and is used by 7.4 million business and households, it was announced last week.

Downstream network usage currently averages around 295Gbps per connection, with average monthly uploads being 22-29Gbps – much of this growth is down to the impact of COVID-19, which has led to an increase in use of business and educational video. Network video services have also had a significant impact.

Something that’s clear is that despite its flaws and the battle to get the NBN network implemented, without it, Australian businesses and households would be struggling to manage the demands placed on them by the COVID-19 pandemic.

From the point of view of electronic security solutions, NBN provides a substrate that allows many systems, small and large, to manage solutions remotely with reasonable performance and with good reliability.

NBN Co revenues and earnings before interest, tax, depreciation and amortisation (EBITDA) are surging, with revenue up 38 per cent to $3.9 billion and EBITDA losses halving to $648 million in the year to June.

NBN Co gave retailers extra capacity without charge – foregoing about $80 million of revenue – as part of a strategy to support them during the COVID-19 pandemic.