Mitch Fifield (Victoria, Liberal Party, Minister for Communications and the Arts) Share this | Hansard source

In today's world, being connected is an essential service, and it's one that offers significant economic benefits for business. According to the AlphaBeta research, in the 2017 financial year, the NBN was estimated to have generated $1.2 billion in additional GDP nationally, including $450 million in regional Australia. Once the rollout is complete, it's estimated that the network will deliver an additional $10.4 billion in GDP per year nationally, including $5.3 billion a year in regional areas. Thanks to the actions of this administration, the majority of Australians are, I'm pleased to report, having a good experience. In March, the ACCC's Rod Sims said that speed delivery was 'better than expected' and that the results 'go against the current wisdom that the majority of consumers and businesses are having issues with NBN speeds'.