17 January 2019

Lethbridge, Meredith and Teesdale enter superfast broadband era

I am delighted to announce today that the National Broadband Network (nbn) has been expanded to more than 1,200 premises in Lethbridge, Meredith and Teesdale in the Golden Plains.

Residents and businesses in Lethbridge, Meredith and Teesdale can begin ordering their fixed wireless nbn service from a retail service provider this week and should take full advantage of the opportunities available in Australia’s new high-speed broadband era.

I was delighted to officially launch the three new fixed wireless towers which will service Lethbridge, Meredith and Teesdale. I attended the official “switch on” of the tower located just outside of Lethbridge today.

Premises breakdown per tower are below:

  • Lethbridge: More than 360 premises
  • Meredith: More than 300 premises
  • Teesdale: More than 580 premises

The NBN rollout in Corangamite is 98 per cent complete thanks to nbn’s simplified network construction and the company’s strong relationship with local contractors.

The Australian Government’s National Broadband Network will boost productivity and provide a platform for innovation to ensure the economic and social benefits of the internet are available to every Australian.

The development of digital technologies has reduced business costs, changed how our children study and learn, and created many more ways to engage socially.

New research by data analytics firm, Alpha Beta has quantified the economic and social benefits of being connected to the nbn.

Using 2016 census data, OECD data, surveys and economic modelling, Alpha Beta has analysed the behaviour of 24 million Australians to compare areas where the nbn network was more than 90% complete with areas where the rollout was less than 10 percent.

The research has revealed:

  • The nbn generated an estimated $1.2 billion of additional economic activity in 2017. This is expected to multiply to $10.4 billion a year by the end of the rollout.
  • The nbn has made broadband fairer. Australia is expected to move from being one of the bottom 10 OECD countries in terms of internet equality to being one of the top 10 once the rollout is complete.
  • The number of new businesses in regions with access to the nbn has grown at more than twice the annual rate of the national average, and increased more than five times as fast as those regions that are yet to be connected.
  • By 2021 there could be between 30,000 and 80,000 additional new businesses created as a result of the nbn network.
  • Numbers of self-employed women in nbn regions grew at an average 2.3 per cent every year, compared to just 0.1 per cent annual average growth in female entrepreneurs in non-nbn areas.
  • Up to 52,200 additional Australian women are expected to be self-employed by the end of the rollout due to the nbn network.

The results are outstanding. The nbn’s next generation connectivity is fast and reliable, enabling households and small businesses to be more productive and better connected for years to come.

Our changes to Labor’s original rollout have prevented monthly internet bills increasing by up to $43 per month and saved around $30 billion in project funding.

The Morrison Government is rolling out high-speed broadband across Australia in the fastest and most affordable way, with every home and business in Australia to be able to connect to the nbn by 2020.

Today, more than 8 million homes and businesses across Australia can connect to the nbn, and there are more than 4.6 million active users. This compares to just 51,000 connections in the six years of the previous Labor Government.

Once an area is made ready for service, it typically takes a couple of weeks to connect up to the nbn after placing an order, and all residents will require new in-home equipment that is compatible with the faster nbn service.

More information on how to connect to the nbn is available at www.nbnco.com.au

 

17 January 2019