The government committed its initial A$4.7 billion (US$3.6 billion) into the $43 billion NBN to roll out fibre-to-the-home to 90 percent of premises. The National Broadband Company will foot some $23 billion of the bill, and call for private investment to cover the remaining $20 billion over eight years.

An NBN implementation study will receive $54 million over two years while other regulatory reports on the NBN will be completed from next year.

The Digital Regions Initiative received $60 million over four years to co-fund digital education, health and emergency services projects with state, territory and local governments. It was launched in March this year to replace the previous government's which co-funded projects most recently including a .

Rural NBN Coordinators will be assigned at a cost of $5 million to encourage broadband take-up in regional blackspot areas which separately received to expand broadband coverage.

The initiative will be open for public comment and expressions of interest later this year, with projects are expected to launch in early 2010.