Outcome 4

Cutting-edge and internationalised services

In the decade ahead the linkages between globalisation, technological change and new forms of production, consumption and trade will shape economies and societies in profound ways.

For Australia there are significant opportunities. It is vital we apply science and technology, in particular innovation in digital technologies, to improve our productivity and harness new sources of growth across the economy.

Alongside ensuring that Australia is at the forefront of service delivery innovation, we need to ensure a strong Australian brand that places our services capabilities front-of-mind globally.

Australia is well known for its tourism and education sectors, but is less well known for its business, technology and science capabilities. Strengthening Australia’s reputation and expertise in these capabilities will make it easier for Australian businesses to attract overseas investment and consumer interest in their services, experiences, and products.

The Australian Government and the services industry need to work hand-in-hand in cultivating a strong nation brand that will inspire the world to invest, visit, study and buy from Australia.

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Palaris innovating mining services exports during COVID-19

COVID-19 has done more than just close restaurants, bars and offices around the world. Access to mine sites has been significantly impacted, particularly for Australian mining specialists that travel internationally to give expert opinions on mine geology, engineering and operations.

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Indigenous success in investment and trade supported by IGNITE

The Indigenous Network for Investment, Trade and Export (IGNITE) is an Indigenous-led intermediary designed to expedite private investment into outstanding Indigenous enterprises, supporting Indigenous participation in international trade negotiations, and expanding Indigenous export opportunities.

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Mighty Kingdom paving the way internationally for creative services

Mighty Kingdom begun as a small outsourced app developing company in 2010. Fast forward ten years, it is now a dedicated game development company and is helping to drive the digital success of global brands such as Disney, LEGO and Shopkins. The company’s successful client work has enabled them to create their own games and grow their staff from five in 2013 to seventy-five in 2020.

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Mighty Kingdom