MrSocial News [Admin]
May 6, 20214 min
“Every business in Australia is now a digital business. The tradesman or woman who seeks work through AirTasker. The landscaper finds most of their new business through search engine placement and social media. The farmer keeps track of their herd with electronic tags or drones. The local Thai restaurant that sells through UberEats, MenuLog, Deliveroo, or any one of half a dozen different food apps. The gym where members book their classes through an app,” the Prime Minister said.
This transformation is not merely a national one that needs to happen – it’s a global one that is happening.
We must keep our foot on the digital accelerator to secure our economic recovery from COVID-19.
Over $100 million to support digital skills for Australians including a new pilot program for work-based digital cadetships that offer a flexible way for workers to build digital skills, investments in the cyber workforce, and scholarships for emerging technology graduates.
Building Australia’s capability in Artificial Intelligence with $124.1 million in initiatives, including a National Artificial Intelligence Centre led by CSIRO Data 61, supported by a network of AI and Digital Capability Centres to drive adoption of AI across the economy.
Enhancing Government services through a $200.1 million investment to overhaul myGov, making it easier than ever for Australians to find the services they need, as well as a $301.8 million investment to enhance the My Health Record and an expansion of the digital identity system.
Investment incentives to support business growth, including a Digital Games Tax Offset of 30 per cent to support Australia taking a greater share of the $250 billion global game development market, and changes to the way Australian businesses can claim depreciation of intangible assets like intellectual property and in-house software.
Helping small and medium businesses build their digital capacity through a $12.7 million expansion of the Digital Solutions - Australian Small Business Advisory Service, and $15.3 million to drive business uptake of e-Invoicing.
$35.7 million to support emerging aviation technologies like drones, including grants to support the use of these technologies to address priority needs in regional Australia.
Unlocking the value of data in the economy and setting the next generation of data management standards, including $111.3 million to accelerate the rollout of the Consumer Data Right in banking, energy and telecommunications.
Strengthening safety, security and trust with over $50 million to enhance cybersecurity in government, data centres and future telecommunications networks.
“The Digital Economy Strategy will allow Australian businesses to capitalise on the opportunities that digital technologies are creating,” the Treasurer said.
“Greater digital adoption will improve the competitiveness and lift the productivity – driving job creation and higher wages.”
“So many Australians are already participating in the digital economy, some without even realising it. Every contactless purchase, e-Invoice, business website or small business going online – it’s all part of it and it’s growing rapidly,” Minister Hume said.
“This is a really exciting announcement, which will drive investment and uptake of emerging technologies, unlock the value of data, build skills for a modern economy, and enhance Government service delivery.
“We want to improve Australians’ standard of living, create jobs and make access to Government services easier.
“Twenty years ago you might have looked in the phone book to find a plumber, now we turn to Google and comparison services – we get quotes within the same day and pay software-generated invoices on the mobiles. Think about how much time and administration work that saves. Australians rightly expect the Government to keep up with them, and to help chart the next step forward, and that’s exactly what we are doing with this Strategy.”
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