Wed, 09 May 2012 - 07:00
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NBN Co. Ltd

Mr Fletcher asked the Minister representing the Minister for Broadband, Communications and the Digital Economy, in writing, on 31 October 2011:

In respect of the operations of Tasmania NBN Co. Limited, (a) what are the names of the directors, (b) on how many occasions in the last 12 months has the board met, (c) what sum in directorship fees is paid to each director, (d) does the company have any employees; if so, how many, and (e) what are the (i) annual employment costs, and (ii) activities of the company.

 

Mr Albanese: The Minister for Broadband, Communications and the Digital Economy has provided the following answer to the honourable member's question:

(a) As at 31 October 2011, directors sitting on the board of NBN Tasmania Limited (NBN Tasmania) were Mr Greg McCann (Chair), Ms Alison Terry, Mr Jody Fassina, Mr Darren Alexander, and Mr Jean-Pascal Beaufret (who since resigned on 25 November 2011). Mr Kieren Cooney was appointed to the NBN Tasmania board by the NBN Co Limited (NBN Co) board on 10 February 2012.

(b) The board of NBN Tasmania met approximately every six weeks in 2011, with seven meetings held from December 2010 to December 2011. In 2012, NBN Tasmania board meetings are held monthly.

(c) Directors on the board of NBN Tasmania are paid $40,000 per annum, with the exception of Mr Cooney, who as an executive of NBN Co, is not remunerated for holding a position on a subsidiary board. In addition, Mr Beaufret was not remunerated while holding a position on the NBN Tasmania board. As Chair of NBN Tasmania, Mr McCann is paid $75,000 per annum.

(d) The company has no employees.

(e) (i) Nil.

(ii) The role of NBN Tasmania as per its current charter is "to promote the successful rollout of the NBN in Tasmania and identify and showcase the benefits of the NBN so as to stimulate innovation, new means of delivering health, education and community services and the generation of business activity."