Tuesday, March 23, 2010

Telstra Increasing House Prices and delaying sales!

Telstra has suddenly decided to stop installing copper phone lines to new houses! This is in retaliation to the federal government's requirement for fibre optic cable to be laid into new houses from 1 July. This has caught developers by surprise, and could cause long delays in selling houses, because developers would not be able to get council certificates that telephone services had been installed. Without those certificates the developer cannot sell the property.
Telstra also say fibre is more expensive to install than fibre, and house prices will therefore increase, possibly by some $3,000. Telstra will require the developer to contribute toward the higher cost of installing fibre instead of copper.
In urban areas the cost of installing fibre will be met by the National Broadband Network, so Telstra will only be charging for installing fibre on greenfield sites.

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