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

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