News story 30th Nov 2015

Building Australia's future

Can we realistically look to a future for Australia that is prosperous, fair, free and sustainable?

Yes, despite some huge challenges ahead.

This is the main conclusion in the Australian Council of Learned Academies' (ACOLA) report 'Australia's Comparative Advantage', which was presented during a public lecture hosted by Monash Business School's Centre for Global Business on 23 November.

Building Australia's future

L-R: Dr Alan Finkel AO, Professor Glenn Withers, Professor Gary Magee

The Council states that, with the right reforms and policies, living standards in Australia could improve by 20 per cent by 2030.

Professor Gary Magee, Deputy Dean, Research at Monash Business School, said the lecture provided a unique opportunity to further explore the details of the much-awaited report.

"The report contains recommendations that could have significant implications for Australia's future. We were very pleased to welcome Professor Glenn Withers AO, lead author of the ACOLA report, to provide his expert commentary," said Professor Magee.

During an evening chaired by Monash University Chancellor Dr Alan Finkel AO, the next Chief Scientist of Australia, Professor Withers explored the report's recommendations.

He discussed how Australia can drive reforms to capitalise on its strengths and national capabilities.

"Establishing proper policy foundations now, combined with public support and effective leadership will better place Australia on a trajectory for national strength, post the mining investment boom." (ACOLA report, Building Australia's Future)

At the conclusion of the lecture, attendees were invited to ask Professor Withers questions.

"As leaders in business education, it is important for Monash Business School to welcome speakers like Professor Withers. These activities provide us with an opportunity to connect and engage with our communities and some of the greatest thinkers in the field," concluded Professor Magee.

The next event hosted by the Centre of Global Business' Social Business Research Group is a workshop on 'managing social enterprises, in partnership with National Australia Bank. It will examine the key challenges social entrepreneurs face in developing and scaling up their business, especially in relation to the people they employ. Find out more about this event.

For more information on the lecture see Building Australia's Future