NAB Short Course - Sponsored Feature
This is an excerpt from Business Spectator’s new short course on Financing Growth. Click here toread the rest of the article, plus the remaining nine articles in the course.
What the NBN means for business
If you’ve been following the ongoing discussions and political debate around the roll-out of the $36 billion National Broadband Network, one thing should be abundantly clear. For business, it’s very good news.
The NBN, which is being progressively rolled out across the country, promises deliver much faster data transfer and e-commerce capabilities together with the ability to send high-quality multimedia communications that will enhance business functionality. In addition, the network will provide greater connectivity and improvements in connectivity with rural Australia, which will open up new customer opportunities that so far have been out of reach of many businesses in remote locations.
As such, Australian small-to-medium businesses stand to be major beneficiaries in terms of being able to connect with their customers, influencers, partners and suppliers like never before. But be prepared for a wait. Parts of the national roll-out could take up to a decade to complete.
Click here to read the rest of the article, plus the remaining nine articles in the course.