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 newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
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 Articles

Resources

PCW Evaluation Team

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?