ABS: Web banking not popular yet

Despite a push for banks to get online, a report released by the Australian Bureau of Statistics has revealed only 3 per cent of adults used the internet for banking purposes in 1999.

Although this is more than double the 1998 proportion, it is a far cry from the 40 per cent of adults that paid bills or transferred funds via the telephone.

According to the ABS, in 1999, 41 per cent or 5.6 million Australian adults accessed the internet, compared with 32 per cent or 4.2 million in 1998. The most popular location to log onto the internet was at home for adults aged 55 years or over, while most people in the 25-54 age group preferred to connect at work.

The cost of internet access continued to be a hindrance for many users and households. Adults earning under $40,000 were more likely to access the internet from locations other than work if they used the internet at all. The ABS said the incidence of internet access both at home and work increased with income levels.

Additionally, more than half the percentage of households with income over $100,000 have internet access at home, whereas only 17 per cent of households earning between $25,000 and $49,999 are connected, the report said.

The report also revealed that although 48 per cent of households own a computer, only 22 per cent use the computer for internet access at home.

Despite widely varying figures across demographic regions (35 per cent of households in ACT have internet access, compared with 18 per cent in Tasmania) and income brackets, the report showed that IT adoption and internet usage continued to grow in Australia.

The rate of growth of internet access was much greater than the growth rate of computer access between 1998 and 1999, the report added.

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.

Staff Writers

Computerworld
Show Comments

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

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.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?