Tag: australia mobile technology

Australia gained $43 billion for its economy through mobile technology

That figure was generated throughout 2015 and this tech is now expected to boost productivity and workforce participation.

According to the results of a Deloitte Access Economics study, mobile technology last year brought $42.9 billion to the Australian economy and it predicts that it will continue to impact workforce participation while it boosts overall productivity throughout that country and throughout a broad range of demographics.

This already represented a savings of $8.9 billion in workplace participation increases and is predicted to rise.

The figure represented by the revenue from mobile technology for the economy made up 2.6 percent of the total GDP of Australia. It also determined that as a result of mobile tech, approximately 65,000 full time jobs – about one percent of the country’s total workforce – was indirectly supported.

According to Ric Simes, Deloitte Access Economics partner, “Mobile has had a transformative impact on both productivity and labour force participation which, along with population, are two of the ‘three Ps’ we need to get right in terms of driving Australia’s future economic growth.”Mobile Technology - Australia Flag

The mobile technology report was based on the results of a survey that involve the participation of 1,000 Australians.

This data was combined with that collected throughout 37 countries over the last three decades and determined that young people and part-time workers, people with disabilities, people with children, people living in remote areas and people who are on the edge of retirement are using mobile devices to be able to boost their weekly working hours by an average of 0.6 hours.

Among the respondents, 29 percent said that they worked from home at least part of the time. Among them, nearly 15 percent said that they would be required to work fewer hours each week if they didn’t have mobile tech that makes it possible for them to work remotely and while on the go or at home.

According to Australian Mobile Telecommunications Association (AMTA) chair, Matthew Lobb, mobile technology has undergone a considerable evolution since it was first brought to the market about thirty years ago. He pointed out that its continued development is supported by a growing number of advancements such as the Internet of Things, mobile wallets and self-driving vehicles.

Mobile technology in Australia is causing a surprising waste

Nearly 35 percent of smartphone owners will update their handsets this year, regardless of current device function.

In Australia, the Deloitte mobile customer survey has revealed that regardless of whether or not the current mobile technology is still fully functional, 35 percent of smartphone owners will be updating their handsets at some point this year.

Nearly half of all mobile phone owners will be holding onto their current devices instead of trading them in or selling.

That said, when it comes to the same mobile technology survey, it appears that many Australians are hanging onto their old devices when they’re not using them anymore. While 48 percent plan to keep their current smartphones and continue using them, this year, 27 percent will give them away to someone else who can use them. Another 15 percent will recycle their old devices and 8 percent will sell them. Two percent plan to replace their devices because they have gone missing.

With only 15 percent selling their devices after they don’t need them, Australians are skipping an opportunity to make money.

Mobile Technology - Selling Mobile DevicesWhen comparing this trend to the rest of the world, it is Singapore that is the region with the largest number of people who sell their old device models. Among them, 26 percent have done so. In second place is the United Kingdom, where 21 percent of device owners will be selling their gadgets when they replace them. Japan is not far behind, with 20 percent taking part in this online selling opportunity. In Germany, 16 percent will do so. Australia is ahead of only Canada, where only 13 percent of consumers will sell their used devices when they purchase new ones this year.

According to Jeremy Drumm, the lead author of the Deloitte report, a surprisingly large number of Australians simply tuck their older smartphone models into a drawer when they replace them. The majority do so in order to make sure they have a replacement quickly available if anything should happen to their newer model.

That said, this means that the mobile technology isn’t benefiting a friend or family member and it is not being sold in order to make a bit of money and provide someone else with an affordable device. This trend suggests that there is a considerable amount of waste being generated by the current device replacement habits in the country.