Labor promises massive investment in broadband infrastructure

In his reply to Costello's budget speech, federal Labor leader Kim Beazley promised to invest 2.75 billion to partly-fund a joint venture to develop a national broadband infrastucture. Beazley promises to increase speeds to "at least 6 megabits". This story is getting good play in the media and appears to be well received within tech-blogs.

This is clever politics for Beazley because it draws attention to the fact that the current Telstra-led plan will only covers capital cities and will exclude regional and rural Australia.