Australia plans to become a leading digital economy by 2030
$1.6 billion investment includes a new National AI Centre, support for digital skills, and enhanced cyber security
The Australian government is investing almost $1.2 billion AUD (£670 million) in its digital future as part of its strategy to transform the country into a modern and leading digital economy by 2030.
The investment, through its Digital Economy Strategy, includes over $100 million to support digital skills, including a pilot programme for work-based digital cadetships that allow workers to build digital skills, investments in the cyber workforce, and scholarships for emerging technology graduates.
The government is also launching a National Artificial Intelligence Centre through a $124.1 million investment, which will be supported by a network of AI and Digital Capability Centres to drive adoption of AI across the economy.
“This transformation is not merely a national one that needs to happen – it’s a global one that is happening,” said prime minister Scott Morrison. “We must keep our foot on the digital accelerator to secure our economic recovery from COVID-19.”
It also plans to overhaul myGov, a portal citizens can use to access online government services, with a $200 million investment. On top of this, there's a $301.8 million investment into My Health Record, the government’s digital health record system, with a planned expansion of its digital identity system.
The government is also looking to set the standards for the next generation of data management, with a $111.3 million investment to accelerate the rollout of the Consumer Data Right in banking, energy, and telecommunications.
$35.7 million will be spent to support emerging aviation technologies like drones, whereas over $50 million will be used to enhance cyber security in government, data centres, and future telecommunication networks.
The new investment amounts to a spend of roughly 0.06% of Australia’s $2 trillion economy, and will bring spending on the digital economy up to around $2 billion over the 2020-21 and 2021-22 budgets.
This is on top of the $1.67 billion Cyber Security Strategy announced last year, $1 billion for JobTrainer, a scheme that reskills workers who have lost jobs in the pandemic, and a $4.5 billion investment in NBN upgrades, a publicly owned corporation aiming to upgrade the country’s broadband network.
Join the 90% of enterprises accelerating to the cloud
Business transformation through digital modernisation
Free DownloadDelivering on demand: Momentum builds toward flexible IT
A modern digital workplace strategy
Free downloadModernise the workforce experience
Actionable insights and an optimised experience for both IT and end users
Free Download
