To counter these trends, Mr Thorpe said business and politicians needed to shift their focus from the next election to an “over-the-horizon strategy”.
Most important was a renewed focus on ensuring Australian workers have the advanced skills to compete in the global market – with Mr Thorpe saying this should mean additional resources must be devoted to education, particularly into science, technology,engineering and mathematics, often short-handed as “STEM subjects”.
via Australian economy to lag Iran, Pakistan by 2050, says PwC.
