Economic impact of ubiquitous high speed broadband: agriculture sector
|Economic impact of ubiquitous high speed broadband: agriculture sector||1.47 MB|
This working paper estimates that access to ubiquitous high-speed broadband will have a substantial economic impact on Australia's agricultural sector, projecting an additional economic benefit of $3 billion to $10.6 billion per year by 2030.
For the first time, many regions that support agriculture, forestry and fishing now have access to reliable, high-speed broadband services through the National Broadband Network. This new access supports new technologies and applications that were previously not possible, particularly in regional areas, and will help to enhance productivity while reducing costs.
Ubiquitous, high-speed broadband also opens up farmers and enterprises to new global markets and directly contributes to the ongoing digital transformation of the Australian economy.