Stephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate) Share this | Hansard source

In its report Innovation: new thinking, new directions, which it has released just today, The Australian Industry Group says:

The rollout of a very high-speed National Broadband Network provides an unprecedented opportunity for Australian businesses to transform their innovation practice in terms of realising cost savings, productivity, extending market reach and introducing brand new types of products and services.

The AiG report went on to say:

Ubiquitous open access connectivity will provide real benefits in the short and medium term as supply chain interactions are optimised and new business to business and consumer markets become accessible. In the longer term, ubiquitous connectivity makes radical business model innovations possible for Australian businesses—