How to Reach your Market in a World Ruled by Generative AI
How to Reach your Market in a World Ruled by Generative AI
5 Steps to Creating Successful Ads

Enhanced NBN connectivity will provide economic and social benefits [Video]

Categories
Small Business Lifestyle

In recent years, Australia has witnessed a profound transformation in its digital landscape, propelled by the accelerated rollout of the National Broadband Network (NBN).

New economic research conducted by Accenture, commissioned by NBN Co, sheds light on the substantial benefits of a faster and more robust NBN network, with implications spanning economic growth, workforce demographics, personal well-being and social inclusion.

Accenture’s analysis reveals that the enhanced NBN network is poised to significantly bolster Australia’s gross domestic product (GDP) over the period from 2023 to 2030. The estimated $400 billion increase in GDP is attributed to the observed correlation between improved broadband speeds and key economic indicators such as productivity, employment and new business creation.

Notably, for every one megabit per second (Mbps) increase in average broadband speed, Australia’s productivity-driven GDP experienced a 0.04 per cent uptick. This underscores the pivotal role of enhanced connectivity in driving economic advancement.

The …

How Desire Paths can Transform your Branding and Public Relations
How Desire Paths can Transform your Branding and Public Relations
12 Steps to Create Videos