Broadband Benefits

Business

Widespread fast broadband leads to greater productivity, innovation and business growth.

Here are some of the economic benefits a high-speed broadband network is expected to deliver.

  • More jobs will be created by investments in smart technologies supported by broadband in areas such as electricity, irrigation, health and transport.
  • Developers will be able to use ultra-high speeds to create new bandwidth-intensive applications and services.
  • More companies will be able to access their information from anywhere and reduce costs by utilising “cloud computing” – internet-based services where shared resources, software and information are provided to computers and other devices.
  • Businesses in some regional locations will have access to broadband for the first time, opening up new markets and ways of conducting business.
  • There will be more export opportunities for small businesses and greater access to local markets.
  • More people will be able to run businesses from home.
  • Businesses will save money on travel and reduce their carbon footprint by using high definition videoconferencing that produces full-size, life-like picture quality.
  • Access to a range of NSW Government Services will be made easier as agencies deliver more go online. 
  • Better access to online services will help businesses become more efficient by facilitating finance and banking, research and information.