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Report Analyzes Developments in Australia Smart City Sector

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Published on : Aug 09, 2017

Albany, New York, August 09, 2017: A recent market research report presents a thorough analytical overview of the state of development of smart cities in Australia. The report, titled “Australia - Smart Cities,” uncovers the vast developments observed in the field of smart cities since the dawn of the century, gives a detailed overview of the state of development in the present scenario, and necessary initiatives necessary to overcome the roadblocks in the way to development.

The report states that, like at the beginning of the century, broadband continues to remain the key agenda of local councils in the country. Most councils in the country are now witnessing a significant improvement in access to broadband, but transition from old technology to broadband is yet to be observed in several areas. Meanwhile, the focus on smart city has significantly improved in the past few years.

However, the finding structure for cities is a key challenge. In Australia, nearly 85% of the national taxes are employed for federal government expenses, 13% are spent on states, and a meagre 2% are employed for the development of cities. Nevertheless, there has been a major change in the scenario and the leading smart cities in the country, also looked upon as the leading smart cities of the globe, now have strategic plans, leadership support from city mayors, and a smart council that works.

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Of the over 500 local councils in the country, only a handful are either close to the strategic stage or have reached it, indicating the vast growth potential in the field of smart city for the remaining local councils. Local councils near to the strategic stage include Newcastle, Bendigo, Adelaide, Canberra, Sunshine Coast, Lake Macquarie, Ipswich, and Moreton Bay.

Cities such as Brisbane, Melbourne, and Sydney look promising in terms of smart city strategies. However, owing to the metropolitan nature of these cities, consisting a large number of local councils, creating a holistic smart city strategy is challenging. Sydney is making moves to overcome this challenge through the Greater Sydney Commission, a policy that has allowed the city to make considerable progress in the direction of overcoming the challenge.

Furthermore, there are also a number of cities in the country that have started smart city projects and are in the process of developing strategic plans. These cities have the potential of becoming full-blown smart cities in the next few years. A number of mid-tier Australian cities have the potential of becoming smart cities in the next few years, developing strategies and plans to more effectively engage with citizens. These mid-tier cities in the country could present massive growth opportunities for vendors operating in the smart city sector.

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