Upload
others
View
1
Download
0
Embed Size (px)
Citation preview
Deloitte Growth 25 (DG25) 25 reasons to be optimistic about growth in Australia
DELOITTE HAS IDENTIFIED 25 AREAS WITH THE BIGGEST POTENTIAL TO LIFT AUSTRALIA’S PROSPERITY OVER THE NEXT TWENTY YEARS
Positioning for prosperity?
MiningCURRENT WAVE
AUSTRALIA’S HUGE MINING SECTOR
WILL STILL BE VITAL
TO OUR PROSPERITY OVER THE NEXT TWO DECADES.
NEXT WAVES
Fantastic Five
AGRIBUSINESSAsia’s growing middle class
will boost demand for protein while technology
will enable expansion into new products and
geographical areas.
TOURISMTourism will benefit
greatly from the growth in Asia’s
middle class.
GASAustralia is investing heavily in gas just as
demand is booming, and our output is expected
to grow faster than that of any other sector.
INTERNATIONALEDUCATIONAustralia’s a very
desirable and safe place to study, so our IE sector is about to
soar on Asian demand.
WEALTHMANAGEMENT
There’s plenty of opportunity to leverage Australia’s safe haven
status to manage Asia’s growing wealth sector.
FUTURE WAVES
Growth Pockets
ICT – GATEWAY TO THE FUTURE
By leveraging first-mover advantage in enabling
the Fantastic Five, the ICT sector can
create global growth opportunities.
CLEAN COALBetter clean coal
technology for energy generation would allow the earnings from our vast coal
reserves to continue growing strongly.
FINANCING THE FANTASTIC FIVE
Australian financial institutions can profit from financing growing trade
flows, which are projected to grow to 60% of national
income by 2025.
GAS TRANSPORTA huge number of
Australian gas services and infrastructure
companies are poised to repeat our mining services companies’
stellar growth.
DISASTER MANAGEMENT & PREPAREDNESSOur UN-recognised
expertise in natural-disaster response positions us to export to global markets, while more investment in
prevention could save us $12B a year.
MEDICAL RESEARCH
Australia’s a leader in medicine – our most valuable high-tech export, worth $4B
a year – and there’s potential to better commercialise our
high-value knowledge.
OCEAN RESOURCES
Our oceanic Exclusive Economic Zone is
larger than Australia itself. The ‘use it or lose it’ rule means greater
efforts are needed to sustainably use it.
NEXT-GEN SOLAR
New technologies and our abundant
sunlight mean solar energy has the
potential to reach price parity with gas and coal by the end
of the decade.
NEXT-GEN NUCLEAR
Advances in recycling waste to generate
electricity and Australia’s geological and political stability make this a potential
opportunity.
PREVENTATIVE HEALTH AND WELLNESS
Australians are living longer and want to keep living
better, with the potential to generate billions of dollars in related opportunities.
PARCEL DELIVERY
More online shopping and efficient delivery technologies
will boost parcel delivery. Last year alone, Australia Post delivered 9.3% more
parcels domestically.
PRIVATE SCHOOLING
By 2020, there will be 25% more high school students. This, and the popularity of private
education, will cause strong growth in the sector.
DIGITAL DELIVERY OF HEALTH
Australia has a viable medical devices industry and our established expertise in delivering care remotely
positions us to pioneer the digital delivery of health.
COMMUNITY AND PERSONAL CAREThe ageing population
and greater time pressures on Australians mean that
home care will grow, with opportunities for providing a range of
diverse services.
RESKILLING AN AGEING
WORKFORCELonger lifespans will create opportunities to reskill older workers who want or need to continue working and who’ll be competing with
well-qualified young workers.
RETIREMENT LIVING AND
LEISUREAustralians are
retiring richer than ever, which will
benefit retirement living and leisure
markets.
FINANCING THE FUTURE
There is huge scope to offer diverse
financial products and services for retirees.
RESIDENTIAL AGED CARE
By 2030, 1 in every 18 Australians will be over 80 and dementia will quadruple by 2050,
requiring greater provision of more-
intensive care.
For more detail on Positioning for prosperity? Catching the next wave the third edition of the Building the Lucky Country Series visit www.buildingtheluckycountry.com.au
FOOD PROCESSING
Asia values our food safety standards highly and will pay a premium for our
produce – making us not so much Asia’s supermarket
as its delicatessen.
Business imperatives for a prosperous Australia
Building the Lucky Country #3
About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/au/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms. Member of Deloitte Touche Tohmatsu Limited. © 2014 Deloitte Touche Tohmatsu. MCBD_Syd_03/14_049961