CSIRO and NAB launch second Australian National Outlook

CSIRO and the National Australia Bank are coordinating the development of the second Australian National Outlook to explore nationally significant issues, risks and opportunities – and how as a country, Australia might respond.

The project, involving a collective of more than 50 business, research and non government leaders, will explore issues affecting Australia's long-term future growth and prosperity across a range of scenarios.

The research builds on CSIRO's 2015 Australian National Outlook which explored the link between resource consumption and environmental pressures and pathways to economic growth.

This second Australian National Outlook will focus on three major themes of Natural Resources and Energy, Productivity and Services, and Cities and Infrastructure.

The project will draw on CSIRO's integrated modelling and assessment capabilities to model outcomes for a number of scenarios that Australia is likely to face in the period to 2060.

Modelling results will be interrogated and distilled by project members, with the goal of identifying specific actions that can help ensure Australia has prosperous and globally competitive industries, inclusive and enabling communities, and sustainable underpinning foundations including natural resources, environment, public institutions and social capital.

Questions that will be explored include:

  • how Australia attracts investment to continue to build globally competitive industries;

  • the role a world-leading education system can play in creating opportunity for all Australians;

  • how the jobs of the future will evolve; and

  • how Australia's cities and regions might accommodate a growing population, while maintaining strong connectivity and liveability

Participants of the Australian National Outlook include: ASX, Australia Post, Australian Ethical Investment, Australian National University, Australian Red Cross, Australian Unity, Baker McKenzie, Birchip Cropping Group, Cochlear, CSIRO, Gilbert + Tobin, Global Access Partners, GrainCorp, Grattan Institute, McKinsey & Company, Monash University, NAB, PwC Australia, Shared Value Project, Shell, UnitingCare Australia, University of Technology Sydney, Wentworth Group of Concerned Scientists.

The final Project report is expected to be released in the last quarter of 2018.

More information is at https://www.csiro.au/en/Research/Major-initiatives/Australian-National-Outlook

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