Businesses in Albany will be able to order high-speed fibre broadband as NBN Co rolls out new Business Fibre Zones, which will help boost economic growth and productivity.
NBN Co’s Business Fibre Initiative is part of a $700 million package to transform the accessibility and affordability of business-grade fibre.
Under the new initiative announced by the Government today, businesses located in the Business Fibre Zone will be able to request a fibre upgrade through their retailer at no upfront cost.
The initiative will offer wholesale symmetrical speeds from 10 Mbps up to 1 Gbps on request to more than 700,000 businesses in 240 Business Fibre Zones and will reduce wholesale pricing by up to 67 per cent for businesses in Zones outside metropolitan centres.
Federal Member for O’Connor Rick Wilson said the Government is backing this significant investment into Australia’s small and medium businesses, which will be critical to economic recovery from COVID-19.
“The launch of the Business Fibre Initiative will support business critical applications including cloud storage and online collaboration helping our local businesses stay competitive in the digital age,” Mr Wilson said.
“During this global health crisis, the NBN has proven itself to be a vital national asset. It has supported Australian businesses as they have innovated and adapted to digital operating models to overcome the challenges of the pandemic,” Mr Wilson said.
“The Morrison Government understands the importance of continued investment into Australian businesses and digital connectivity. That’s why we are making affordable ultra-fast broadband available to more businesses in regional Australia.”
“The additional investment into NBN Co’s Business Fibre Initiative will enable businesses to boost their digital capabilities and create more jobs as we combat the impact of COVID-19.”
Mr Wilson said 85 of the Business Fibre Zones will be in regional centres, including Albany, allowing regional businesses to benefit from the transformation to NBN wholesale business pricing, which will bring regional pricing into line with capital cities.
Enterprise Ethernet is NBN Co’s fastest wholesale product, which provides options for prioritised bandwidth, 24/7 dedicated support through NBN’s business operations centre, and symmetrical wholesale speeds suitable for data intensive applications such as online collaboration and cloud-based tools.
NBN Co will allocate $50 million to help expand these Business Fibre Zones by co-investing with Local Councils and State Governments.
More information about the Business Fibre Initiative is available at: nbnco.com.au/businessfibre