Expanding Australia's Economy

How digital can drive the change

Australia needs to lift its game. We are lagging behind our global peers when it comes to digital innovation


Expanding Australia’s economy – How digital can drive the change – April 2014

How can Australia build a productive, sustainable economy? The answer is innovation.

Our economy has traditionally been based around physical industries such as manufacturing, construction, mining and agriculture. However in order to protect our future prosperity we need to balance our investment and shift focus to knowledge industries to drive innovation and build our economy.

PwC research shows that an ecosystem based on innovation and digital technologies has the potential to increase Australia's productivity and raise GDP by $37 billion in 2024. 

Australia is at an inflection point… the question is; will we embrace innovation and use digital to drive a change?

In our report, 'Expanding Australia's Economy – How digital change drive the change', we examine the current state of the Australian economy, identify areas for potential growth and evaluate our international counterparts to understand how we can grow our nation through innovation and Digital Change.