Australia’s ‘Pathetic’ internet speeds are stifling growth: Phil Ruthven

Australia’s woeful internet speeds are stifling economic growth and preventing firms from increasing exports, according to an industry analyst and commentator.Phil Ruthven has used the Economic and Social Outlook Conference to plead for a revamp of the National Broadband Network to allow outsourcing and ­information industries to flourish. see:ACCC moves close to ‘superfast’ broadband regulation
The Australian Competition and Consumer Commission has issued a draft decision on regulating a ‘Superfast Broadband Access Service’, with the ACCC set to compel the operators of 25Mbps+ services to open their networks to competitors.The ACCC today released its draft decision on declaring an SBAS, which would make the service subject to regulation under Part XIC of the Competition and Consumer Act 2010.

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