E-commerce to lift Oz economy

E-commerce will boost Australia's gross domestic product by almost three per cent by 2007, adding an extra year's income onto the nation's balance sheet, a government study has found.

The report also warned that some sectors such as the retail sector, would suffer a negative impact as more consumers buy online.

The report, E-Commerce: Beyond 2000, details the economic impacts of e-commerce in Australia, and was released by Senator Ian Campbell, the parliamentary secretary to the Minister for Communications, at Online Australia's E-Agenda conference in Sydney.

"The report describes impacts on productivity and competitiveness, as well as the restructuring of entire industry sectors, confirming the wide-ranging impacts of e-commerce," Campbell said.

According to the report, Australia's GDP will increase by 2.7 per cent, real wages by 3.5 per cent, and aggregate employment by a half of one per cent over the next 10 years.

The report provides both positive and negative impacts for specific industry sectors such as tourism, IT and communications, health, education, banking and finance, manufacturing, transport and retail and wholesale trade.

It claims the most successful industries in the e-commerce arena will be those who make the greatest use of the Internet as a tool for doing business electronically -- expected to include the media, entertainment and finance industries.

Join the PC World newsletter!

Error: Please check your email address.

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

David Smedley

PC World
Show Comments

Essentials

Lexar® JumpDrive® S57 USB 3.0 flash drive

Learn more >

Microsoft L5V-00027 Sculpt Ergonomic Keyboard Desktop

Learn more >

Mobile

Lexar® JumpDrive® S45 USB 3.0 flash drive 

Learn more >

Exec

HD Pan/Tilt Wi-Fi Camera with Night Vision NC450

Learn more >

Lexar® Professional 1800x microSDHC™/microSDXC™ UHS-II cards 

Learn more >

Audio-Technica ATH-ANC70 Noise Cancelling Headphones

Learn more >

Lexar® JumpDrive® C20c USB Type-C flash drive 

Learn more >

Budget

Back To Business Guide

Click for more ›

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?