29 September 2020
Today the Prime Minister, Hon Scott Morrison MP, and the Treasurer, Hon Josh Frydenberg MP, announced a new digital plan to drive and support our economic recovery.
The Federal Government is investing almost $800 million to enable businesses to take advantage of digital technologies to grow their businesses and create jobs. The COVID-19 pandemic has fast-tracked technology plans and accelerated digitisation strategies by Australian consumers and businesses, which has not just enabled trade though the crisis, but also promoted more efficient operations and a transformation in the way goods and services are offered, purchased, and used by Australians.
The Prime Minister stated that the 2020 Federal Budget will support businesses to recover, rebuild and create more jobs, as part of our economic recovery plan.
“Many businesses moved online quickly when the pandemic hit, undergoing a decade of change in months, finding new customers or new ways of doing things. Our JobMaker Digital Business Plan provides significant backing to continue that digital push and expand opportunities for businesses to grow and create more jobs. The Plan supports Australia’s economic recovery by removing out-dated regulatory barriers, boosting the capability of small businesses, and backs the uptake of technology across the economy,” the Prime Minister said.
AFIA supports the Government’s announcement, with many of the key elements of the Digital Business Plan mirroring proposals we’ve advocated for on behalf of our members, including:
For details of the full Digital Business Plan, here’s the link to the Prime Minister and Treasurer’s media statement.
Categories: Budget Paper