NBN has been a long time coming. The question for many is: how will it benefit your household? We’ll share the most common NBN benefits that everyone will enjoy. We’ll also discuss the tangential social and economic benefits of NBN for Australia as a whole.
Traditional landlines aren’t as fast as the new internet network being installed. That’s why NBN is slowly being phased in. The biggest benefit to consumers is the faster internet connections it brings at a generally lower cost. There are several tiers of service based on how much usage you expect. You could choose basic internet service, heavy usage that lets a gamer live-stream their games or high service levels that let you video conference from home while uploading and downloading content.
Cheap & Fast
Unless you truly live in the outback, the greatest benefit of NBN is the faster service it provides at a lower price. For example, people have always had the option of satellite internet connections that were faster than slow internet via cables in the ground. However, satellite internet is prohibitively expensive. When you compare NBN plan rates to the alternatives, NBN wins every time. And the NBN means everyone can access streaming media like movies watched over the internet, online games, Skype calls and international news viewed through websites.
Improved Cell Phone Service
A lot of people have been accessing the internet via cell phone hotspots. Others view streaming media through apps on their phones because it’s faster than what they can view on their personal computer. A side benefit of NBN is that it’ll reduce internet traffic through the cell phone network. So you’ll have fewer dropped calls and less interference with cell service, whether you’re navigating via an app or posting a photo to your social media account.
The Economic Benefits
Most importantly, NBN levels the playing field in a digital era. Anyone can shop online or work from home with the NBN service. People in rural areas may be able to work from home and reduce their need to drive to work. It might also allow people to remain at home to care for family or continue working after a disability. People will also be able to access telemedicine services or cheaper health monitoring services, lowering healthcare costs while improving access to care. On top of this, online education will become more accessible, so students won’t have to travel to get to Uni. Instead, they’ll have more access to online videos and tutorials. People will find it easier to balance work and family with education, allowing them to complete a degree and get a better paying job. All of this results in greater economic productivity and lower costs.