{"id":27915,"date":"2022-04-22T22:20:21","date_gmt":"2022-04-22T15:20:21","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=27915"},"modified":"2022-04-23T14:28:09","modified_gmt":"2022-04-23T07:28:09","slug":"australia-continues-to-invest-in-its-digital-economy","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/australia-continues-to-invest-in-its-digital-economy\/","title":{"rendered":"Australia continues to invest in its digital economy"},"content":{"rendered":"

The government allocated AUD30.2 million (USD21.9 million) in the 2022-23 budget to continue the cyber hubs trial, which began last July<\/span><\/p>\n

\"\"
As the global economy becomes increasingly interconnected, the online world is having a profound impact on the economic and social landscape in Australia. f11photo\/Shutterstock<\/figcaption><\/figure>\n

Australia’s future as a modern, leading digital economy in 2030 is outlined in the <\/span>Digital Economy Strategy<\/span><\/i>. This is built around three pillars: building the foundations to grow the digital economy; building capability in emerging technologies; and Setting Digital Growth Priorities to lift our ambition.<\/span><\/p>\n

One of the primary goals of the <\/span>Digital Economy Strategy<\/span><\/a><\/em> is for Australian enterprises to be working at the digital frontier, which we can already see in several industries such as mining, agriculture, and health. A thriving digital technology industry will be required to achieve this goal, as it will provide the skills required to improve digital competence across the economy.<\/span><\/p>\n

As the global economy becomes increasingly interconnected, the online world is having a profound impact on the economic and social landscape in Australia.<\/span><\/p>\n

Business models are changing, as well as data transformation \u2014 all to deliver better outcomes to Australians.<\/span><\/p>\n

An investment of AUD44 million (USD31.9 million) has been made by the Morrison Government to be used for the development of four AI and Digital Capability Centres. These are geared towards the commercialisation of Australia’s leading AI research and distributing it to both domestic and global markets.\u00a0<\/span><\/p>\n

These will also give SMBs access to AI expertise required to adopt and implement AI solutions to help them grow and create more jobs.<\/span><\/p>\n

\u201cThey will draw together industries, research institutions, innovation hubs, and businesses to create an ecosystem that drives innovation, commercialisation, and adoption of AI,\u201d said <\/span>Minister for Science and Technology<\/span><\/a> Melissa Price.<\/span><\/p>\n

\u201cBy requiring the Centres to focus on a priority area we can tailor the support for businesses to drive our manufacturing capability,\u201d she added.\u00a0<\/span><\/p>\n

More: Checking in on the current state of Australia\u2019s data centre market<\/strong><\/a><\/p>\n

Over the next four years, the federal government will invest an additional AUD130.1 million (USD94.3 million) in its digital economy strategy, including AUD30 million (USD21.7 million) to continue network centralisation through cyber centers, according to iTnews<\/a>.<\/span><\/p>\n

This will be on top of the AUD1.2 billion (USD869.7 million) allocated in last year’s budget to assist Australia in becoming a top 10 data and digital economy by 2030.<\/span><\/p>\n

The government allocated AUD30.2 million (USD21.9 million) in the 2022-23 budget to continue the cyber hubs trial, which began last July.<\/span><\/p>\n

The Property Report editors wrote this article. For more information, email: propertyreport@propertyguru.com<\/a>.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

The government allocated AUD30.2 million (USD21.9 million) in the 2022-23 budget to continue the cyber hubs trial, which began last July<\/p>\n","protected":false},"author":12,"featured_media":27916,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92,1],"tags":[2402,668],"class_list":["post-27915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-report","tag-digital-economy","tag-investment","news_country-australia","news_author-property-report"],"acf":[],"yoast_head":"\nAustralia continues to invest in its digital economy | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.asiapropertyawards.com\/en\/australia-continues-to-invest-in-its-digital-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australia continues to invest in its digital economy | Asia Property Awards\" \/>\n<meta property=\"og:description\" content=\"The government allocated AUD30.2 million (USD21.9 million) in the 2022-23 budget to continue the cyber hubs trial, which began last July\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.asiapropertyawards.com\/en\/australia-continues-to-invest-in-its-digital-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"Asia Property Awards\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/asiapropertyawards\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-22T15:20:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-23T07:28:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/04\/shutterstock_1408779338.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"459\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Contributing Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AsiaPropAwards\" \/>\n<meta name=\"twitter:site\" content=\"@AsiaPropAwards\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Contributing Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/australia-continues-to-invest-in-its-digital-economy\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/australia-continues-to-invest-in-its-digital-economy\\\/\"},\"author\":{\"name\":\"Contributing Writer\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/person\\\/60e0732a149bc2fbe99629e45c8be3c2\"},\"headline\":\"Australia continues to invest in its digital economy\",\"datePublished\":\"2022-04-22T15:20:21+00:00\",\"dateModified\":\"2022-04-23T07:28:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/australia-continues-to-invest-in-its-digital-economy\\\/\"},\"wordCount\":447,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/australia-continues-to-invest-in-its-digital-economy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/shutterstock_1408779338.jpg\",\"keywords\":[\"digital economy\",\"investment\"],\"articleSection\":[\"News\",\"Property Report\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/australia-continues-to-invest-in-its-digital-economy\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/australia-continues-to-invest-in-its-digital-economy\\\/\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/australia-continues-to-invest-in-its-digital-economy\\\/\",\"name\":\"Australia continues to invest in its digital economy | Asia Property Awards\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/australia-continues-to-invest-in-its-digital-economy\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/australia-continues-to-invest-in-its-digital-economy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/shutterstock_1408779338.jpg\",\"datePublished\":\"2022-04-22T15:20:21+00:00\",\"dateModified\":\"2022-04-23T07:28:09+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/australia-continues-to-invest-in-its-digital-economy\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/australia-continues-to-invest-in-its-digital-economy\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/australia-continues-to-invest-in-its-digital-economy\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/shutterstock_1408779338.jpg\",\"contentUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/shutterstock_1408779338.jpg\",\"width\":1000,\"height\":459,\"caption\":\"As the global economy becomes increasingly interconnected, the online world is having a profound impact on the economic and social landscape in Australia. f11photo\\\/Shutterstock\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/australia-continues-to-invest-in-its-digital-economy\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Australia continues to invest in its digital economy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\",\"name\":\"Asia Property Awards\",\"description\":\"PropertyGuru Asia Property Awards\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\",\"name\":\"Asia Property Awards\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Trophy_2.png\",\"contentUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Trophy_2.png\",\"width\":1920,\"height\":1080,\"caption\":\"Asia Property Awards\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/asiapropertyawards\",\"https:\\\/\\\/x.com\\\/AsiaPropAwards\",\"https:\\\/\\\/www.instagram.com\\\/asiapropertyawards\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/showcase\\\/asia-property-awards\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCCMEFMU-KW5dEKfb5dPTL9Q\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/person\\\/60e0732a149bc2fbe99629e45c8be3c2\",\"name\":\"Contributing Writer\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/author\\\/intern\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Australia continues to invest in its digital economy | Asia Property Awards","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.asiapropertyawards.com\/en\/australia-continues-to-invest-in-its-digital-economy\/","og_locale":"en_US","og_type":"article","og_title":"Australia continues to invest in its digital economy | Asia Property Awards","og_description":"The government allocated AUD30.2 million (USD21.9 million) in the 2022-23 budget to continue the cyber hubs trial, which began last July","og_url":"https:\/\/www.asiapropertyawards.com\/en\/australia-continues-to-invest-in-its-digital-economy\/","og_site_name":"Asia Property Awards","article_publisher":"https:\/\/www.facebook.com\/asiapropertyawards","article_published_time":"2022-04-22T15:20:21+00:00","article_modified_time":"2022-04-23T07:28:09+00:00","og_image":[{"width":1000,"height":459,"url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/04\/shutterstock_1408779338.jpg","type":"image\/jpeg"}],"author":"Contributing Writer","twitter_card":"summary_large_image","twitter_creator":"@AsiaPropAwards","twitter_site":"@AsiaPropAwards","twitter_misc":{"Written by":"Contributing Writer","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.asiapropertyawards.com\/en\/australia-continues-to-invest-in-its-digital-economy\/#article","isPartOf":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/australia-continues-to-invest-in-its-digital-economy\/"},"author":{"name":"Contributing Writer","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/person\/60e0732a149bc2fbe99629e45c8be3c2"},"headline":"Australia continues to invest in its digital economy","datePublished":"2022-04-22T15:20:21+00:00","dateModified":"2022-04-23T07:28:09+00:00","mainEntityOfPage":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/australia-continues-to-invest-in-its-digital-economy\/"},"wordCount":447,"commentCount":0,"publisher":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/australia-continues-to-invest-in-its-digital-economy\/#primaryimage"},"thumbnailUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/04\/shutterstock_1408779338.jpg","keywords":["digital economy","investment"],"articleSection":["News","Property Report"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.asiapropertyawards.com\/en\/australia-continues-to-invest-in-its-digital-economy\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.asiapropertyawards.com\/en\/australia-continues-to-invest-in-its-digital-economy\/","url":"https:\/\/www.asiapropertyawards.com\/en\/australia-continues-to-invest-in-its-digital-economy\/","name":"Australia continues to invest in its digital economy | Asia Property Awards","isPartOf":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/australia-continues-to-invest-in-its-digital-economy\/#primaryimage"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/australia-continues-to-invest-in-its-digital-economy\/#primaryimage"},"thumbnailUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/04\/shutterstock_1408779338.jpg","datePublished":"2022-04-22T15:20:21+00:00","dateModified":"2022-04-23T07:28:09+00:00","breadcrumb":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/australia-continues-to-invest-in-its-digital-economy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.asiapropertyawards.com\/en\/australia-continues-to-invest-in-its-digital-economy\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.asiapropertyawards.com\/en\/australia-continues-to-invest-in-its-digital-economy\/#primaryimage","url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/04\/shutterstock_1408779338.jpg","contentUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/04\/shutterstock_1408779338.jpg","width":1000,"height":459,"caption":"As the global economy becomes increasingly interconnected, the online world is having a profound impact on the economic and social landscape in Australia. f11photo\/Shutterstock"},{"@type":"BreadcrumbList","@id":"https:\/\/www.asiapropertyawards.com\/en\/australia-continues-to-invest-in-its-digital-economy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.asiapropertyawards.com\/en\/"},{"@type":"ListItem","position":2,"name":"Australia continues to invest in its digital economy"}]},{"@type":"WebSite","@id":"https:\/\/www.asiapropertyawards.com\/en\/#website","url":"https:\/\/www.asiapropertyawards.com\/en\/","name":"Asia Property Awards","description":"PropertyGuru Asia Property Awards","publisher":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.asiapropertyawards.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization","name":"Asia Property Awards","url":"https:\/\/www.asiapropertyawards.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/12\/Trophy_2.png","contentUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/12\/Trophy_2.png","width":1920,"height":1080,"caption":"Asia Property Awards"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/asiapropertyawards","https:\/\/x.com\/AsiaPropAwards","https:\/\/www.instagram.com\/asiapropertyawards\/","https:\/\/www.linkedin.com\/showcase\/asia-property-awards","https:\/\/www.youtube.com\/channel\/UCCMEFMU-KW5dEKfb5dPTL9Q"]},{"@type":"Person","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/person\/60e0732a149bc2fbe99629e45c8be3c2","name":"Contributing Writer","url":"https:\/\/www.asiapropertyawards.com\/en\/author\/intern\/"}]}},"_links":{"self":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts\/27915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/comments?post=27915"}],"version-history":[{"count":0,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts\/27915\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/media\/27916"}],"wp:attachment":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/media?parent=27915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/categories?post=27915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/tags?post=27915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}