Money from the state Connecting Victoria program is being siphoned off into the Victorian NBN State Program Fund for infrastructure upgrades across the state.
Victoria has parted with AU$73 million of its AU$550 million Connecting Victoria fund in order to see areas of the state receive fibre-to-the-premise connectivity. NBN said the money would be held in trust by it under the Victorian NBN State Program Fund label, with the first project to be 11 new business fibre zones that cover 10,000 businesses in Benalla, Colac, Cranbourne South, Dromana, Hamilton, Lara, Pakenham North, Pakenham South, Portland, Warragul, and Wonthaggi-Inverloch.
