NBN board effectively sacked because of more blowouts I hope the first item of business of the new board will be to commission an audit of the NBN's true position and explain to taxpayers what a scandalous disaster this has been: BALLOONING costs and further serious delays in the National Broadband Network rollout prompted Malcolm Turnbull's decision to demand the resignation of the entire NBN board and seek the installation of Ziggy Switkowski as executive chairman. The Communications Minister will ask federal cabinet to endorse the former Telstra and Optus chief as the NBN Co executive chairman after discovering the $37.4 billion project faces a deteriorating financial position and will miss its rollout target for June next year by more than half a million premises. Contrary to media reports yesterday that the NBN Co directors offered their resignations, Mr Turnbull initiated the dramatic action against the board soon after being sworn in as minister.