Australia’s internet both crappy and expensive

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By Leith van Onselen

Prime Minister Malcolm Turnbull’s “innovation agenda” has taken another hit with the World Economic Forum (WEF) scoring Australia the lowest for internet access affordability:

Millions of Australians live in households without internet access, according to the World Economic Forum, who have awarded Australia the lowest scoring country in the category of affordability for internet access.

…57 per cent of Australian households with an income less than $40,000 do not have internet in their homes.

The State of The Internet report, released earlier this month by US content delivery network provider Akamai, also revealed that Australia has slipped to 60th in the global rankings in terms of average peak internet speed, which is considered to be a critical measurement in broadband performance. Moreover, Australia’s ranking has showed a continued slide, with Australia ranked 30th when Malcolm Turnbull was Communications Minister a few years back.

On this point, the Project’s Waleed Aly provided a good critique of the NBN last week, which is well worth watching:

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Another lost opportunity.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.