Honeyweb Blog / Economy
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Report: 84% Of Aussies Would Buy More Stuff If Internet Speeds Were Faster
A new study by Accenture demonstrates how Australia’s perceived poor telecommunications and internet speeds parlays into poor economic performance.
Australia’s political leaders have been debating how best to deliver broadband for well over a decade. Almost all of that debate is framed around the NBN. In that same time the world changed under their feet and commerce starting moving aggressively online and into mobile.
[B&T Magazine]
Posted byB&T MAGAZINE
Aust economy set for marked improvement
The Australian economy is set to look much rosier next year, with above-trend growth thanks to a lift in household spending and net exports.
The forecast was signalled by the Westpac-Melbourne Institute Leading Index, which rose in October to leave the growth rate only slightly below trend.
Economy expected to strengthen in 2015
Australia's economy is expected to pick up pace in early 2015 as consumers become more confident and start spending again.
The Westpac/Melbourne Institute Leading Index, which indicates the likely pace of economic activity three to nine months into the future, fell by 0.15 points in August.
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