Richard Thaler discusses a proposal by Thomas Hazlett to have the US government earn $100b from spectrum reallocation and created 10 times that in economic value by discontinuing free to air spectrum use. It is the best spectrum and in the use appears to be completely inefficiently allocated given cable and internet proliferation.
The same message applies for Australia and will certainly be true post-NBN. Think of it, you build the NBN and then discontinue the free-to-air television spectrum and use the proceeds to ensure that everyone has basic broadband service so they can access television by that means. This would at least work for spectrum were 90% of the population who will have fibre passing their homes.
Of course, your reaction would be to tell me I’m dreaming. After all, the Government appears to be throwing money towards free-to-air TV to encourage its continuation rather than saying goodbye to it.