With sales tumbling as players move to smartphones and tablets, the Australian interactive games industry will be hoping the new Nintendo 3DS, and other new consoles to come, will provide it a much needed fillip.
Sales plunged 16 percent to A$1.7 billion in 2010, according to a report by market research group GfK. The figure includes sales from hardware, gaming peripherals and traditionally boxed software sold through retail outlets – but doesn’t cover online sales or downloadable content, the most rapidly growing games segment.
Console game sales were down by 13 per cent with 16.9 million sold against 19.3 million sold in 2009. Sales of consoles themselves dropped 27 per cent to 1.6 million units.
Things look better at PriceWaterhouse Coopers which in a separate report has tipped that games sales will hit A$2.5 billion by 2014. But PwC, unlike GfK, counts online and mobile games, which between them will produce revenue of more than $1 billion in the period.
He said the Coalition would oppose clauses that prevent Telstra from offering broadband services on its HFC cable network – which he said already passes 30 percent of Australian homes and is capable of delivering 100Mbps broadband – or other companies from building competitive cable networks.
“That is an entirely objectionable restraint on competition [and] we will seek to amend that as well,” Turnbull said.