View all videos from the team behind the report, Positioning for prosperity? Catching the next wave.
|With the cooling resources boom, the falling Australian dollar, the new government and rebounding business confidence – what better time for Australian businesses to start thinking about where future prosperity will come from.||
|Agribusiness has something most other sectors don't: the prospect of rapid increases in global demand meeting domestic comparative advantage.||
|Ensuring that Australia realises the full potential of gas will revolve around our ability to intervene to improve productivity, enhance infrastructure and make our regulatory environment more attractive to investors and operators.||
|Australia is at a critical juncture in its education policy. On the one hand, effective and targeted changes could deliver significant benefits in terms of global competitiveness and export earnings, while providing the skills needed to enable other parts of the economy.||
|We still hold plenty of aces Mining will continue as a major driver of our prosperity over the next two decades and beyond. As BHP Billiton CEO Andrew Mackenzie recently said, "Global demand for commodities is expected to grow by up to 75% over the next 15 years as 250 million more people move from the Chinese countryside to cities and Asia's middle class approaches 3 billion."(1) . We have exceptional potential to win a large share of that growth.||
|Brand Australia has long lauded its natural wonders, wide-open spaces, distinctive landmarks, fine food and wine, and sophisticated urban centres in order to lure foreign visitors. However, there is a lot more potential growth in the pipeline, with tourism projected to be among the world's fastest growing industries.||
|Two trillion dollars, a sophisticated finance sector and Asian growth: that's the short version of why Australia has a shot at being a global competitor in the business of managing people's money.||