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Australia adopted digital business plan

admin by admin
October 18, 2020
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Australia adopted digital business plan
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Australia adopted digital business pennatula Solovyov | 18.10.2020

Австралия утвердила цифровой бизнес-план

The Australian government intends to spend 800 million Australian dollars (about $574 million) of budget funds for realization of its “digital business plan”. The amount will be invested in
a number of areas related to digital technologies and technologies of the distributed registry. Information about this posted on the official website of the Prime Minister, Scott Morrison (Scott Morrison).

Many enterprises in the country has accelerated the introduction of digital technologies against the backdrop of a pandemic coronavirus, which allowed them to transform their operation and continue it in a crisis, finding new
customers or new ways of doing things, according to the website of Prime Minister of Australia.

Digital business plan is part of an extensive plan of the Australian government to achieve economic recovery, which should stimulate economic growth and job creation, and, in the end
finally, to bring the country into the TOP digital economies by 2030

Budget digital a business plan will support the business to continue its digital transformation and the introduction of new technologies, to restore existing and create new jobs in
the framework of the economic recovery plan, and to eliminate obsolete regulatory barriers.

As commented Treasurer Josh Frydenberg (Josh Frydenberg), the digital business the plan of the government aimed at the development of the digital transformation of Australian businesses, stimulating growth
productivity and income and create jobs.

Key elements of the digital business the plan identifies such areas as the development of system of digital identification – it is the government invests 256,6 million AUD.

The implementation of the program of modernization of business registers (MBR) will allocate 419,9 million AUD.

A grant of AUD 29.2 million is designed to accelerate the introduction of the country of 5G technologies, including commercial tests and test benches 5G in key sectors of the economy – agriculture,
mining, logistics and manufacturing.

Another 22.2 million AUD will be spent on the expansion of the Australian Advisory service, which supports small businesses. Operators of small businesses will be provided with program of digital solutions that
tools to assess digital readiness and training packages for digital Directors.

9.6 million AUD, the Cabinet will be directed on support of FINTECH segment, engaged in the export of financial services and attract inward investment.

The amount of $ 6.9 million AUD will have at its disposal two pilot projects in the field of blockchain-technologies aimed at the disclosure of the possibilities of the use of technology and reduce the cost
compliance with business requirements. As noted in the media the Australian blockchain community, this amount was the largest contribution of the authorities in the development of the industry.

Mandatory introduction in all government departments Commonwealth of electronic invoices by July 1, 2022, will cost Australia to AUD 3.6 million, and training of employees and small and
medium business digital skills – 2.5 million AUD.

Reportedly, all of these initiatives complement the government’s investment plan for providing Australian households and businesses ultra-fast broadband for two
the next few years, the amount of which amounted to 4.5 billion AUD, and government strategy on cybersecurity 2020, the investment in which amounted to 1.67 billion AUD.

According to forecasts, the implementation of the digital business plan approved by the government of Australia will increase the country’s GDP amounted to 6.4 billion AUD to 2024, and about 1.5 billion AUD from this additional
economic activities annually will come from the regions of the country.

digital transformation

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