Broadband Investment Fund announced

As part of Budget 2008 the Government has announced a major contestable fund aimed at facilitating high speed broadband connections to businesses in urban centres and key users in the health and education sectors, to extend the reach of broadband into underserved regions, and to improve the resilience of New Zealand's international connections.

Government is seeking feedback until 30 June 2008 on the draft process and criteria for urban and rural funding applications. More details are available at: www.med.govt.nz/broadbandinvestment