Business Council of Australia
New Business Council analysis shows that Australia could be $210 billion better off over the next 20 years if we speed up our shift to a digital economy.
The analysis, completed by EY for the BCA’s digital economy and telecommunications working group, finds with the right approach Australia can fulfil its ambition to be a digital leader by 2030.
“People want easier, more convenient ways of doing business so becoming a leading digital economy is win-win. It makes everyday life easier for consumers and it creates new jobs,” Business Council President Tim Reed said.
“The slow drift away from cash and paper before COVID-19 became a stampede during the pandemic, now we’ve got to build on the momentum to make lives easier and position ourselves for the future.”