A Shift To Digital Would Save Tony Abbott $20 Billion Says New Report

A businessman using a social network to make money. The businessman,social network, hoop, and dollar signs are on a separate layer from the background.

Shifting half of the remaining government transactions from traditional channels to digital channels could net Australia a $20 billion productivity dividend with the bulk of the savings accruing directly to the tax payer, according to a new study by Deloitte.

Called “Digital government transformation” the report which was commissioned by Adobe finds that although some government transactions may be difficult to replace with digital options due to their complexity, there is still room for growth as “Citizens have either not transitioned over or governments have not yet transformed their processes to allow for digital options.”

According to the authors, “This report finds that of the estimated 811 million transactions at the federal and state levels each year, approximately 40 per cent are still completed using traditional channels. If this figure could be reduced to 20 per cent  over a ten-year period, productivity, efficiency and other benefits to government worth around $17.9 billion (in real terms) would be realised along with savings in time, convenience and out-of-pocket costs to citizens worth a further $8.7 billion – and all at a cost of $6.1 billion in new ICT and transitional arrangements.”

Furthermore they say that taking benefits to governments and citizens together,  the next stages of digital transformation deliver benefits worth around four times as much as they cost.

Deloitte’s assessment of the savings was developed using data from publicly available sources covering existing government digitisation efforts along with the experiences of the South Australian Department of Premier and Cabinet, the Australian Taxation Office, the Department of Human Services, the Digital Transformation Office and Service NSW.

This article originally appeared at www.which-50.com




Latest News

Sydney Comedy Festival: Taking The City & Social Media By Storm
  • Media

Sydney Comedy Festival: Taking The City & Social Media By Storm

Sydney Comedy Festival 2024 is live and ready to rumble, showing the best of international and homegrown talent at a host of venues around town. As usual, it’s hot on the heels of its big sister, the giant that is the Melbourne International Comedy Festival, picking up some acts as they continue on their own […]

Global Marketers Descend For AANA’s RESET For Growth
  • Advertising

Global Marketers Descend For AANA’s RESET For Growth

The Australian Association of National Advertisers (AANA) has announced the final epic lineup of local and global marketing powerhouses for RESET for Growth 2024. Lead image: Josh Faulks, chief executive officer, AANA  Back in 2000, a woman with no business experience opened her first juice bar in Adelaide. The idea was brilliantly simple: make healthy […]