SBAS to Give $6B Economy Boost
New analysis shows that a national satellite-based augmentation system could give a $6 billion lift to Australia’s economy over the next three decades.Senator Matt Canavan, Minister of Resources and Northern Australia, announced the results of the Satellite-Based Augmentation System (SBAS) Trial Economic Benefits Analysis Report during a lecture at CQ University in Rockhampton last week.
“SBAS provides instant, accurate and reliable positioning without the need for mobile phone or internet coverage, improving the accuracy of GPS positioning from 5–10 m down to 10 cm across Australia and its maritime zones,” he said.
Canavan said that the report found that the improved positioning is a crucial factor for operators who might be located in secluded areas, like miners and farmers, with trials showing significant efficiencies across the board.
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