Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Australia Govt. Year 2000 (Y2K) Preparations

Good progress on Commonwealth Year 2000 (Y2K) Preparations

Release From The Australian Government

The Commonwealth Government's 7th Y2K quarterly report shows significant progress with the Commonwealth ahead of schedule for June, Senator Ian Campbell announced on behalf of Senator Richard Alston, Minister for Communications, Information Technology and the Arts today.

'The level of Y2K compliance of business critical systems reported by Commonwealth departments and agencies has increased from 59 per cent to 81 per cent in the last quarter - six per cent ahead of the Government's target for June,' said Senator Campbell.

'Twenty-six agencies now report that their business critical systems are fully back-online or compliant.'

Today's quarterly report indicates the Commonwealth is well on track to being prepared to deliver its key services seamlessly over 1 January 2000.

'While this is encouraging, we cannot become complacent as some difficult work remains,' said Senator Campbell.

For example, difficulties in obtaining Year 2000 assurances from some suppliers may impact on the ability of departments and agencies to record full compliance.

To minimise the possibility of any unforeseen disruptions, the Commonwealth's focus will move increasingly towards contingency planning, such as allowing for manual information processing should it be required.

The Commonwealth will also concentrate on ensuring the integrity of work to date and maintaining Y2K readiness.

Today's report continues the practice of providing Government information on a detailed agency-by-agency basis and reporting the progress of Government Business Enterprises (GBEs) by portfolio.

State and Territory Governments are also committed to providing regular public disclosures by portfolio, at least every quarter.

'This strong commitment to information disclosure by Australian governments means that government Y2K progress information is now available on a national basis,' said Senator Campbell.

The Government estimates it will spend around $600 million on the Year 2000 problem within Commonwealth agencies. The estimated total expenditure of Australian business on the Year 2000 problem is around $21 billion.

'Australia is widely regarded as well prepared and continues to be ranked alongside the US, UK and Canada as leading the world in Y2K preparedness,' said Senator Campbell.

Y2K - also known as the millennium bug - refers to the fact that the date function of some computer or chip-based systems only recognises the final two digits of the year (eg 98 instead of 1998). This could cause problems in systems which fail to read '00' as 2000 and need to recognise the date to function.

The full report is available online at www.year2000.gov.au (or www.dcita.gov.au, look under 'Year 2000' in Easyfind)

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

$7.5 Billion Surplus: Government Accounts "Show Strong Economy"

“The surplus and low levels of debt show the economy is in good shape. This allows the Government to spend more on infrastructure and make record investments in health and education,” Grant Robertson says. More>>

ALSO:

New OIO Application Trumps Judicial Review: OceanaGold Cleared To Buy Land For Waihi Tailings Expansion

In a surprise turnaround, the government has given OceanaGold a greenlight to buy land to expand its Waihi mine after the application was previously turned down by Land Information Minister Eugenie Sage. More>>

ALSO:

Christchurch Rebuild: Fletcher Sued For $7.5m Over Justice Precinct

Fletcher Building is being sued for $7.5 million by utilities contractor Electrix, one of the subcontractors on the Christchurch Justice and Emergency Services Precinct. More>>

Three New Drugs: PHARMAC Signs Bundle Deal For More Cancer Medicines

420 New Zealanders with lung cancer, breast cancer, multiple sclerosis and respiratory disease will benefit each year from a bundle deal PHARMAC has finalised with a medicine supplier. More>>

ALSO:

"Levels Playing Field": Government Responds To Electricity Price Review

The changes announced today include: • Supporting new and independent retailers by requiring the big power companies to sell into the wholesale market at affordable rates. • Extending discount rates to all customers • A pilot scheme to help customers who have not switched power providers before to shop around for better deals... More>>

ALSO: