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Re: High-speed access and economic growth
by
portrait painting artist
I’ve known that the Australian government is allocating some fund for the purpose of providing free broadband access to some people. I said some because we all know that not all Australian citizens have access to the internet. Not all places are served by some ISP. I was wondering why of all problems why the government prioritized this. So, you’re saying that according to the report:
• the failure to address inferior Internet access quality could cost regions up to $2.7 billion in foregone gross regional products and up to 30,000 jobs in 2006;
• regions with poor access to telecommunications technology are less productive;
• firms that use the Internet can increase their sales 3.4% faster than other firms; and
• high speed broadband provides the best opportunity for Australia’s industries to access global supply chains.
These are valid enough to justify this move by the Australian government. I just hope that the end result will benefit everyone not just companies or chosen firms.
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