Australia is facing a significant change in the way we work due to digital disruption. We must equip our future talent with the right skills to meet this challenge.
Our research tells us that 44% of current Australian jobs are at high risk of being affected by digital disruption, yet only a small percentage of university graduates in Australia are from STEM-related courses.
While it’s difficult to predict what the exact jobs of the future will be, it’s likely that the demand for skills in innovation and problem solving, both of which are underpinned by a STEM education, will impact nearly every industry.
Driving engagement and performance within STEM is also important in securing Australia’s transition into the new knowledge economy and supporting our ongoing competitiveness and prosperity.
As a nation we are facing economic challenges that are both circumstantial and structural: slower GDP growth, declining real incomes, low productivity growth, declining employment, sluggish global growth and rising shortfalls in tax revenue.