New research commissioned by NBN Co and conducted by the Regional Australia Institute indicates that the nbn broadband network will generate up to 700 new businesses in Mount Gambier and the surrounding area by 2021.
The report highlights that Mount Gambier’s high concentration of professional workers (16 per cent) and knowledge-intensive business services (2.8 per cent) indicates the region is in a strong position to leverage digital technologies to start up new businesses, open market opportunities and reduce reliance on traditional industries.
Chief Executive Officer for the Regional Australia Institute, Jack Archer, said, “Innovation and entrepreneurship which can be pursued with access to fast broadband and a technologically skilled workforce will enable Mount Gambier to continue to offer the benefits of regional living and lifestyle with the attraction of globally competitive business options.”
Head of nbn local South Australia and Northern Territory Tim Saul, said, “These new businesses in Mount Gambier are set to join a predicted 5,570 additional businesses created across South Australia by 2021 as a result of the nbn™ access network.”
Mount Gambier’s human capital ranking was reported as one of the top scores in South Australia (14 out of the 51 Local Government Areas) with a high proportion of technical qualifications (25 per cent) and adult