Malcolm Turnbull lied to the Parliament again today.
Mr Turnbull was responding to another question from his own side and again the Minister replaced facts with an outright lie.
Mr Turnbull claimed the peak funding of the NBN needs to be “provided, serviced or guaranteed in some way by the taxpayer.” That is a lie.
The only call on Commonwealth funds is the equity funding. As noted in the NBN Co Corporate Plan the company’s debt financing will be without explicit guarantees from the Shareholder Ministers.[1]
Mr Abbott needs to be concerned – Mr Turnbull is rapidly closing the gap in the competition to be the greatest liar in the Parliament.
WEDNESDAY, 28 MAY 2014
MEDIA CONTACT: RYAN HAMILTON – 0414 599 468
1. NBN Co Corporate Plan 2012-15 Page 80