NBN Co board submits resignation: Report

Summary:Reports suggest that all of the board members of NBN Co have offered their resignations to the new communications minister.

The entire NBN Co board has reportedly resigned to Communications Minister Malcolm Turnbull.

The resignations have yet to be accepted by the minister, Fairfax Media has reported, and a decision is to be made at a Cabinet meeting in early October.

Turnbull hinted in July, after NBN Co chief executive Mike Quigley quit, that he may sack board members from the organisation responsible for the National Broadband Network.

The Coalition has blamed the board and executive team for massive cost blowouts, timetable delays, and contractors losing money.

Turnbull said after the election that former Telstra boss Ziggy Switkowski would be well qualified for the role of NBN Co chairman.

The Coalition's vastly different plan for the network would switch from the previous Labor government's fibre-to-the-home scheme to a cheaper fibre-to-the-node option.

Topics: NBN, Government

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