PROGRESS 2050: Toward a prosperous future for all Australians
Investment in skills development will be crucial for Australia to find its place in the global supply chain, Siemens CEO, Jeff Connolly has told a CEDA audience in Melbourne.
30/04/2014
Speaking at the launch of CEDA's report Advanced Manufacturing: Beyond the production line, Mr Connolly said Australia currently lacks skilled experts in engineering and data analysis to compete globally in manufacturing.
"Our experience in Australia is that we see a general knowledge gap in engineering already," he said.
"Another skill needed by our future manufacturing workers is how to work with big data and use it to enhance productivity.
Mr Connolly also said polices are needed to incentivise Australian companies to make technology investments.
"I'm not a big believer in handouts but I do believe there is a role in policy, including tax policy, to encourage technology investment which is critical to the future success of any industrial or manufacturing business," he said.
Presentations are available for:
A panel of leaders from the government, business and the community sectors at CEDA’s State of the Nation discussed the challenges facing Australia, including economic uncertainty, inequality, and climate change, and the reasons for optimism moving forward.
Read more Economy February 29, 2012GFC and sovereign risk - Mitigating measures and solutions from down under. Paper presented by CEDA, Chief Executive, Professor the Hon Stephen Martin at the International Federation of Accountants Conference, March 19-20, 2012, Vienna, Austria.
Read more Economy January 31, 2012Read CEDA Chief Executive's opinion piece on economic reform published in The Australian on Thursday 16 February 2012.
Read more