Circular economy and clean energy

"We have a finite environment - the planet. Anyone who thinks that you can have infinite growth in a finite environment is either a madman or an economist." Sir David Attenborough The term "circular economy" was brought to prominence by the Ellen MacArthur Foundation when it first launched in 2010....

How the professional services sector in Australia contributes to the economy (migration, employment and productivity)

In the pre-Covid-19 economy, Australia's services sector has expanded by an annual 3.6 per cent since 1992, well above the goods sector's annual average of 2.1 per cent. ICT, professional, scientific and technical services and financial and insurance have continued to see solid annual growth rates of above 4.5 per...

MedTech in Australia to grow exponentially and create jobs

The medical technology (MedTech) industry makes a significant social and economic contribution in Australia, improving healthcare outcomes and generating innovation and growth. There are currently over 500 MedTech companies in Australia, with a combined annual turnover of more than A$10 billion and employing more than 36,000 workers in total. Of...

The digital transformation process for the oil and gas industry

How work, skilled and business migration are impacted Australia ranks as one of the top three global exporters of liquefied natural gas, coal and uranium. Emerging technologies and innovations in this sector relating to efficient and clean energy, renewables, hydrogen and future fuels are continually being developed and supported by...

The future of International Education for Victoria, Australia

International education is a growth sector vital to the future economic prosperity of Victoria and a source of future employment for Victorians. In the face of Covid-19, international education remains to be one of the state government's priority industries and sectors. Growing global demand for education services has seen over...

Venture capital funds startups, leading to knowledge spill-overs throughout the economy

Venture capital transforms industries, creating new ones and is central to building a highly-skilled, knowledge-driven economy. With 75% of Australians believing the benefits of technology outweigh the risks, venture capital provides startups with capital and expertise not available anywhere else to develop, disrupt and innovate new technology. The Australian VC...

Jobs of the future, employment in the post-COVID-19 landscape

The top fastest growing industries of 2020 in Australia are notably in manufacturing, healthcare, energy, food and fibre and innovative technology. As new technologies are introduced throughout the nation, businesses are finding new ways of working and as a result, Australian jobs are changing. In industries such as healthcare and...

Fintech and the race for global talent

The Australian wealth management industry is an attractive prospect for foreign technology firms. With Australia hosting the world's sixth-largest pool of funds under management, substantially filled by its compulsory superannuation scheme, there lies its potential for scale and cost savings through financial technology. Suffice it to say, wealth management in...

The fastest route to permanent residency: GTI

The most obvious consequences of the current COVID-19 pandemic has been the infusion of data-enabled services into every aspect of life as we know it. Digital transformation will be an even bigger imperative for businesses in the short-term future. These businesses are quite aware by now, that digital transformation is...