Attorney-General Nicola Roxon announced the review on Monday.
She said NBN Co is subject to freedom of information laws, with some exemptions to documents about commercial activities.
"The review will examine and report on the NBN's compliance with the legislative arrangements that apply to it under the Freedom of Information Act," she said.
Ms Roxon said the review will consider the number and nature of requests already made to the NBN, the responses to those requests, and the reasons for any exemptions.
The government will appoint an "eminent person" to conduct the review.
The review will be completed by June 30 and then tabled in parliament.
NBN Co has received 33 requests for freedom of information documents as of April 5, 2012, and it has released 46 documents.
The terms of reference of the review include examining the nature of complaints made to the Information Commissioner about NBN Co.
A spokeswoman for the Information Commissioner said there had been five requests for reviews, three enquires and zero complaints about NBN Co.
Documentation concerning fraudulent tenures, money for mates deals and other criminal offences committed by governments will always be hidden from any Freedom of Information documentation obtained.
The public are being duped if they believe that all information will be given.
Another farce in the face of the masses.
Just another untouchable crowd.
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