While the NBN is still on its way, the Federal Government has promised to provide the Australian Broadband Guarantee with an additional $23.8 Million worth of funds. The development is being viewed as a part of a major 4 year initiative to effectively connect residential and small business premises with "metro-comparable services, regardless of location".

The Guarantee, which will run through 2012, has already been injected with funds worth $250.8 Million.

"Such strong demand for the Australian Broadband Guarantee is further evidence of a growing demand for better broadband services across the country and the need for better services in regional Australia. The Australian Broadband Guarantee remains a very popular and successful safety-net program while the NBN is rolled out", said Broadband Minister, Senator Stephen Conroy.

Experts believe that it is very important to invest more money into the initiative, which makes sure that broadband access is available to everyone while the work on $43 Billion National Broadband Network project is undertaken.

"The NBN will ultimately provide high-speed, high-quality services to 100 per cent of Australian homes and workplaces, but it is important that people have access to basic services in the interim", shared Senator Conroy.