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Drones to boost Australia’s economy, report claims

Drones have significant potential to boost the nation’s economy while creating thousands of jobs, according to a report released by the Australian Government.

Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said a report on the economic benefit of drones in Australia quantified the potential benefits and savings broader drone use could have for the nation’s economy over five, 10 and 20 year periods.

“This report found the growth of drone use is expected to support 5,500 full-time jobs, on average, each and every single year over the next 20 years in Australia,” the Deputy Prime Minister said.

“Expanding drone and aerial taxi use is expected to have a major economic boost for Australia, providing a $14.5 billion increase in GDP over the next 20 years – of which $4.4 billion would be in regional areas across New South Wales, Queensland and Victoria.

“It also found the growth of the drone sector is expected to deliver significant cost-savings to businesses of around $9.3 billion over the next 20 years, with $2.95 billion of this in the agriculture, forestry and fisheries industries, $2.4 billion in mining and $1.34 billion in construction.”

Michael McCormack said the jobs, the economic stimulus and other social benefits drones could have for industries such as agriculture, as well as regional communities, was transformational.

“There are many incredible drone opportunities already being explored or trialled that proves exactly that, such as using drones to deliver medical items in regional Australia, tracking sharks around our beaches or mapping bushfire movements to support our valiant firefighting efforts,” he said.

“In agriculture, the report found using drones could support more efficient decision making to improve profitability for our farmers by decreasing planting costs by up to 85 per cent, just one of many examples of how supporting the use of drone innovation and technology can continue to assist hard-working Australians.

“To unlock the potential economic development and job growth identified by this research, we need to support innovative applications for drones across Australian industries, while ensuring drone use is safe, secure and considerate of the community and the environment.

“We are in a unique position as a nation to grasp the benefits of drones with both hands, to further bolster our economy, create jobs, support service delivery and back stronger communities.”

He said the Australian Government was committed to working with industry to develop and implement a National Emerging Aviation Technologies Policy to support the development, jobs and growth of the emerging aviation sector, including drones and aerial taxis.

“We are developing a best-practice policy approach to allow growth in drone use to unlock the game-changing benefits of the technology and position Australia as a world leader in this space,” Michael McCormark said.

 

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