From $43B to $70B: The NBN Disaster and Off-Budget Deception

November 27, 2025

Ever wondered how governments keep massive spending hidden from the public eye? In this eye-opening video, we dive into the world of off-budget spending – the sneaky way to fund projects without it showing up in the official budget. Using real Australian examples like the NBN (which ballooned from $43B to nearly $70B) and Snowy 2.0 (from $2B to $12B in blowouts), we reveal how these “investments” are often politically driven, lacking proper cost-benefit analysis, and obscured by commercial confidentiality.

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