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News Archive >> Better faster Broadband vital to boost competitiveness

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An Australian Industry Group / Deloitte CEO Survey found that more than 93% of companies believe the Internet has a positive impact on efficiency and productivity and that almost three quarters of all businesses would be likely to upgrade to high speed broadband if it were available. High Speed to Broadband: Measuring industry demand for a world class service was launched by the Minister for Broadband, Communications and the Digital Economy, Senator Stephen Conroy, in Canberra this week. The survey was based on the responses of 526 CEOs representing companies with sales revenue of over $82 billion and employing around 215,000 people.
 
Ai Group Chief Executive, Heather Ridout, said the report focuses on a breakthrough investment that has the potential to transform our economy: the move to faster, high speed broadband.
 
"This technology will make a critical contribution to lifting productivity at a time when Australia’s productivity performance is lagging. Investment in this technology is not important for its own sake. It is because the technology has the potential to transform the way Australian business works, with all the associated productivity benefits," Mrs Ridout said.
 
Full details of Senator Conroy's speech and Heather Ridout's opening comments are both available to download.

Date

Monday 27 Oct 2008