The Australian economy is undergoing a major transition. A shift is underway from the mining construction boom era—in which significant resources were applied to the development of our natural resources— to a new phase in our history. We are now faced with the challenge of diversifying our economy and seizing new opportunities through innovation, entrepreneurship … Continue reading
On 2 February 2016 AHEIA released the Australian Higher Education Workforce of the Future Report, which was commissioned in association with the DVCs Corporate group of Universities Australia to put the spotlight on how to enable universities to compete in a globally competitive market. The report looks at the university environment as affected by environmental … Continue reading
Australia’s future will rely on science, technology, engineering and mathematics (STEM)—disciplines at the core of innovation. Our businesses will rely on STEM to compete in the emerging sectors that new technologies will create, as well as in the existing sectors which new technologies will transform. Our workforce will require specialised skills in STEM as well … Continue reading
The study has identified six megatrends for jobs and employment markets over the coming twenty years. The second half of the chessboard The explosion in device connectivity, data volumes and computing speed, combined with rapid advances in automated systems and artificial intelligence means that robotic devices can perform many tasks more quickly, safely and efficiently … Continue reading
The forces of disruption are not just being driven by start-ups and felt by business leaders – they’re driving change in the workforce and labour market. – Two-thirds of those with less than five years’ experience (early-career Australians) expect that their job will not exist, or will fundamentally change, in the next 15 years. If … Continue reading
Australia must overhaul its vocational education and training if people are to get the skills they need for the jobs of the future, the Australian Chamber of Commerce and Industry said today. The Australian Chamber is today releasing a policy paper, “Focus on Skills: Building a Better National Vocational Education and Training System”, which argues for … Continue reading
Young Australians slogging through unpaid internships are sacrificing $6000 in wages and working an average of nine weeks without pay. A new report by advocacy body Interns Australia found nearly 90 per cent of interns work for free or below the minimum wage. Interns spent an average of 45 days doing unpaid work, which translates to $5913 in wages if the intern was … Continue reading
Sixty per cent of Australian students are training for jobs that will not exist in the future or will be transformed by automation, according to a new report by the Foundation for Young Australians. Key points 44 per cent of jobs will be automated in the next 10 years 60 per cent of students are … Continue reading
Almost six people in 10 have witnessed or suffered bullying at work, according to a survey by law firm Slater and Gordon. More than one-third of respondents said they had been bullied themselves. However, more than half of those who had witnessed or experienced bullying did nothing about it. The poll of 2,000 workers found … Continue reading
Employment surged in the month of July even as the unemployment rate climbed from 6 to 6.3 per cent. The latest official figures from the Bureau of Statistics show a jump of employment of 38,500 in July after a jump of 7000 in June and 42,000 in May. The combined jump of 87,500 came as … Continue reading
The planned Comprehensive Economic Cooperation Agreement between Australia and India will enable Australia to contribute to the mass upskilling of India’s youth population, said Belinda Robinson, chief executive of Universities Australia, this week. The agreement, which is expected to be finalised at the end of the year, is being seen as an opportunity for both … Continue reading
More than five million jobs, almost 40 per cent of Australian jobs that exist today, have a moderate to high likelihood of disappearing in the next 10 to 15 years due to technological advancements, a CEDA report being released today has found. Australia and the world is on the cusp of a new but very … Continue reading
Australia was one of the few OECD countries to emerge from the Global Financial Crisis (GFC) without facing a recession, usually defined as negative GDP growth for two consecutive quarters. However, the (overall) unemployment rate did increase following the GFC and has still not returned to the pre-GFC levels. Unemployment rates for youths went up … Continue reading
It can’t be said enough, amid a steady rise in the overall unemployment rate, Australia’s youth continue to bear the brunt – and teenagers are faring worst of all. More than 290,000 Australian youth aged 15 to 24 were categorised as unemployed in January. The worst hit were the 15 to 19 year olds, with … Continue reading
The unemployment rate has hit a 12-year high of 6.3%, fuelling talk of interest rate cuts in 2015. November’s figure is up from 6.2% the previous month despite the creation of 42,700 jobs, a figure nearly three times larger than economists were expecting. However, only 1,800 positions were full-time. The number of people looking for … Continue reading