Australia - National Broadband Network - Investment Opportunities

Synopsis

The year 2011 saw a watershed of developments around the national broadband network (NBN). The most significant development was the passing of the all-important legislation required to put the regulatory environment in place.

Furthermore the government delivered on its trans-sector initiatives, with significant policy decisions and initiatives in the areas of e-health and smart grids. But much more is needed in this area.

The agreement with Telstra was another milestone – an event that was welcomed by investors in particular.

With all of this in place there is increased confidence that the NBN will proceed. And the Federal Opposition has changed its policies also – it is now more positive about the future of the NBN.

Several businesses have begun to invest in the opportunities becoming available across various sectors. And not just local firms – international companies also are stepping up their activities in Australia. They see this country as a test-bed for innovations, and a test site for new products and services that, over time, can be exported to other countries.