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Deloitte says NBN brings $3800 benefits

A Deloitte Access Economics analysis of the national broadband network says it has the potential to save households up to $3800 a year.

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Source: AAP


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The national broadband network could save households thousands of dollars by the end of the decade through better productivity, cheaper communication and reduced travel costs.

A Deloitte Access Economics analysis for the government says the average household would get $3800 in benefits a year by 2020 through using the NBN.

It quantifies the savings, in 2013 dollars, for communications, e-commerce, online entertainment services, travel savings, employment by teleworkers and productivity.

"Added together, these estimates suggest very significant household benefits from broadband," the report, posted on the broadband department website, states.

But it notes its estimates don't take into account the costs of broadband or equipment like modems and computers.

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It cautions the report is not a cost-benefit analysis of high-speed broadband.

"Many of the benefits will emerge gradually, as consumers find price discounts and variety online, as more employees are allowed to telework, and as people get more accustomed to accessing services online," the report states.

"There will be a lot of change from the broadband revolution and there will be a gradual transition this decade."

Labor intends to highlight the report on Wednesday, saying it shows the NBN will not only transform the Australian economy and improve national competitiveness, but also directly benefit every family.


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