Explore our Progress 2050 Goal Tracker
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:
The NSW budget position is even stronger than the forecast surplus, NSW Treasurer, the Hon. Dominic Perrottet has told a CEDA audience.
Read more Economy August 25, 2016A plan to create one million more jobs has been outlined by NSW Premier the Hon. Mike Baird at his CEDA State of the State address in Sydney.
Read more Economy November 10, 2013Address by Chairman of the Prime Minister's Business Advisory Council, Dr Maurice Newman AC at CEDA's 2013 annual dinner.
Read more