Aus govt must support companies like NextDC to build foundation for knowledge economy

NextDC CEO Craig Scroggie says the Australian government must support companies like NextDC while building critical infrastructure so they can build the foundation needed for the knowledge economy. Mr Scroggie joined Sky News Business Editor Ross Greenwood to discuss how NextDC will raise $1.3 billion to meet its data centre demand. “The role that we play is essentially building the digital infrastructure platform that allows all of those – whether it’s cyber security, public or private cloud computing, or artificial intelligence and machine-learning platforms to run and grow, importantly domestically in Australia and around the region. “It is critically important that government investments go in those areas that allow the free market to operate. “That allow organisations to make enterprise investment decisions that will drive the growth of our future economy in Australia.”