The Australian Government's Innovation Report
The Australian Government's Innovation Report
The Australian Government's Innovation Report
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Broadband Subscribers<br />
A new indicator introduced in the 2006 scorecard is the number of broadband subscribers per one thousand<br />
of the population. As ever increasing amounts of sophisticated economic and social activity occurs on the<br />
worldwide web, the speed at which businesses and consumers can connect and do business is becoming more<br />
important. Figure 15 shows that, using 2006 data, Australia is above (12%) the OECD average for broadband<br />
subscribers, ranking 17 th in the OECD.<br />
<strong>The</strong> number of broadband subscribers has displayed the highest growth of all the indicators in this scorecard.<br />
In 2006 Australia had 174 broadband subscribers per one thousand population, which is substantially up from<br />
77 in 2004 and 35 subscribers per one thousand population in year 2003. This trend suggests that Australia is<br />
rapidly improving its position to take advantage of new commercial opportunities online.<br />
FIGURE 15: Broadband subscribers per 1000 population compared to the OECD average<br />
100<br />
Percentage difference from the OECD average<br />
80<br />
60<br />
40<br />
20<br />
0<br />
-20<br />
-40<br />
-60<br />
-80<br />
-100<br />
Denmark<br />
Netherlands<br />
Iceland<br />
Korea<br />
Swizterland<br />
Finland<br />
Norway<br />
Sweden<br />
Canada<br />
United Kingdom<br />
Belgium<br />
United States<br />
Japan<br />
Luzembourg<br />
Austria<br />
France<br />
Australia<br />
Germany<br />
Spain<br />
Italy<br />
Portugal<br />
New Zealand<br />
Czech Republic<br />
Ireland<br />
Hungary<br />
Poland<br />
Turkey<br />
Slovak Republic<br />
Mexico<br />
Greece<br />
Source: OECD. Data from 2006<br />
Investment in Machinery and Equipment<br />
<strong>The</strong> extent of investment in new machinery and equipment provides an indication of the ability of the economy<br />
to take advantage of innovations embodied in that machinery and equipment. In the 2006 scorecard, Australia’s<br />
level of investment in new equipment was 7.8% of GDP. This was above the OECD average and ranks<br />
Australia 12 th .<br />
Chapter 4 - <strong>Australian</strong> innovation scorecard 137