13 May 2015: Broadband Solutions has today praised the Government for their contribution to small business but has expressed concern around the level of support provided to ISPs for the capital costs involved in retaining metadata.
Sam Bashiry, Managing Director of Broadband Solutions said: “Broadband Solutions is thrilled with the Government’s small business package as it will allow businesses to purchase much needed telecommunications infrastructure that will save them money in the long run.”
“Technologies like VoIP have only become truly viable replacements for traditional telephones recently and the increase to the instant asset write-off threshold is a great incentive for businesses to switch to IP based telephony systems. This will massively reduce call costs and line rental for small business.”
Broadband Solutions has expressed concern around the limited level of support provided by the Government to ISPs for the mandatory retention of metadata. The budgeted amount is likely to only cover half the costs as estimated by PwC. Broadband Solutions has expressed concern that some ISPs might miss out with such a small pool of money allocated to the program.
“We are very concerned about the lack of support for ISPs when it comes covering the costs of data retention. We are eager to see a fair allocation of funds between all ISPs that acknowledges that smaller ISPs will have to spread the capital cost burden across fewer customers,” said Mr. Bashiry
“Its very important to us that the the playing field remains fair and that customers can retain the choices they have now when it comes to choosing a provider that best suits their needs.”
Mr. Bashiry also praised the Government for its promise re-evaluate crowd sourced equity funding for startups. Broadband Solutions has already approached the Victorian Government to discuss how it can help support Australia’s startup community.
“We have been expressing our commitment to Australia’s startup culture for some time and we are eager to see the details around the Government’s changes to crowdsourced equity funding. It’s very important that small businesses and startups are able to get flexible and easily accessible funding to bring their ideas to life. Given Australia’s slowing economic growth we must support the businesses of tomorrow,” warned Mr Bashiry.
Last modified: September 11, 2015