logo
Receive the latest mybusiness news
SUBSCRIBE TO OUR NEWSLETTER
Copyright © 2020 MOMENTUMMEDIA

Businesses to receive free fibre under $700m package

Adrian Flores
Adrian Flores
23 September 2020 2 minute readShare
Businesses to receive free fibre

NBN Co has announced it will invest $700 million in a range of growth initiatives over the next three years, including building fibre optic cable to business premises free of charge.

The plan would also seek to make business-grade fibre services more affordable, with 240 business fibre zones across Australia to have access to Enterprise Ethernet, at significantly reduced wholesale prices.

The initiative is expected to cover more than 700,000 business premises.

Advertisement
Advertisement

NBN Co announced the location of the first 130 business fibre zones to kick off the initiative (table below). The location of the other 110 Business Fibre Zones are yet to be released.

Businesses in business fibre zones will also see price reductions in Enterprise Ethernet in order to enable the same support to regional businesses as businesses in capital city centres at the same wholesales.

 

In addition, NBN Co will allocate $50 million over three years to work with local councils and state and territory governments to identify opportunities to extend business-grade services outside designated business fibre zones.

The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, welcomed the three-year plan.

“1.4 million businesses across Australia are now eligible to have fibre installed to their premises at no cost,” Ms Carnell said.

“Of those — about 700,000 business in 240 business fibre zones — many of which are high streets in regional areas, are also eligible for cheaper plans.

SPONSORED CONTENT

 

“In fact, point-to-point fibre on demand infrastructure will be made available in 85 regional zones, giving small businesses in those areas greater choice.”

Ms Carnell noted that, according to NBN Co, plans to improve affordability could see internet bills as much as halved for small businesses on business-grade plans.

She said this will come as a welcome relief, particularly those small businesses struggling in this COVID-19 crisis.

“Internet access is essential to the vast majority of small businesses, so it is important for retail providers such as Telstra, Optus and TPG to co-operate and pass these savings on,” Ms Carnell said.

“This also acts as an incentive to small businesses to ensure they have a digital presence, at a time when more consumers are shopping online.”

NBN Co chief executive Stephen Rue said never before has broadband been more relevant and critical to the success of Australia’s businesses.

“Access to fast, reliable and secure broadband ensures Australian businesses remain competitive, innovative and relevant in today’s global markets,” Mr Rue said.

“Businesses are the economic engine of the nation, and it’s vitally important that we support Australian companies, in every location, to help them grow and stay competitive.”

First 130 business fibre zones

National (130)   

Suburb List 

NSW Metro (11)  

Botany, Gosford, Lake Haven - Wyong, Lane Cove, Mosman, Neutral Bay, Parramatta, Randwick, Marrickville, Double Bay - Rose Bay, Central Coast 

NSW Regional (23) 

Albury / Lavington, Armidale, Ballina, Batemans Bay, Bathurst, Charlestown, Coffs Harbour, Corrimal - Austinmer, Dubbo, Goulburn, Lismore, Maitland, Mudgee, Newcastle CBD, Nowra, Orange, Port Kembla - Warrawong, Port Macquarie, Tamworth, Taree, Wagga Wagga, Wollongong, Shoalhaven 

VIC Metro (13)  

Berwick South, Box Hill, Clayton, Collingwood, Dandenong, Mornington, Springvale - Noble Park, Burwood, Chadstone - Oakleigh, Caulfield - Carnegie, St Kilda - Elsternwick, Blackburn - Mitcham, Richmond - Hawthorn 

VIC Regional (12) 

Ararat, Ballarat, Bendigo, Echuca, Geelong, Horsham, Mildura, Shepparton, Wangaratta, Warrnambool, Wodonga, Morwell - Traralgon 

QLD Metro (10) 

Annerley, Archerfield, Coorparoo, Darra - Richlands, Eagle Farm, Mount Gravatt, Stafford - Alderley, Tingalpa, Morningside - Lytton, Indooroopilly - Toowong 

QLD Regional (13) 

Bundaberg, Caloundra, Gladstone, Gympie, Mackay, Maroochydore, Maryborough, Rockhampton, Southport, Toowoomba, Townsville area, Wurtulla - Birtinya, Cairns - Port Douglas 

TAS Regional (4) 

Burnie, Devonport, Hobart, Launceston 

WA Metro (17) 

Balcatta, Bassendean, Canning Vale - Riverton, Fremantle, Henderson, Malaga, Mandurah, Midland - Guildford, O'Connor - Murdoch, Osborne Park Industrial, Rockingham, Subiaco - Nedlands - Shenton Park, Wangara, South Perth, Bibra Lake - Coogee (WA), Applecross - Melville, Belmont - Cannington 

WA Regional (4) 

Albany, Bunbury, Busselton, Geraldton 

SA Metro (14)  

Edinburgh, Hawthorn - Malvern (SA), Hindmarsh, Lonsdale, Melrose Park, Mount Barker, Norwood (SA), Port Adelaide - Gepps Cross, Prospect area (SA), Richmond (SA), Toorak Gardens, Unley - Parkside, Woodville Park, Willunga 

SA Regional (1) 

Mount Gambier 

ACT Metro (4) 

Belconnen, Canberra CBD, Deakin, Phillip 

ACT Regional (1) 

Queanbeyan – Hume 

NT Regional (3) 

Darwin, Palmerston, Casuarina 

Source: NBN Co

Businesses to receive free fibre under $700m package
mybusiness logo
Adrian Flores
Adrian Flores

Adrian Flores is the deputy editor of MyBusiness. Before that, he was the deputy editor for SMSF Adviser as well as features editor for ifa (Independent Financial Adviser), InvestorDaily, Risk Adviser, Fintech Business and Adviser Innovation.

You can email Adrian at [email protected].

Leave a Comment

Latest poll

How satisfied are you with the SME measures in the federal budget?