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Risks and rewards in accelerating technology and social shifts

Accelerating technology and social shifts are driving massive change in the economy, with fast-paced innovation transforming industries old and new and generating tremendous new opportunities for value creation. But Australian Students are at risk of being left behind, according to a just-released Commonwealth Bank Jobs of the future report.

In the report's introduction, futurist Ross Dawson describes a near-future very different world for employment opportunities. Rising connectivity is continuing to enable digital disruption and more jobs now than ever before can be performed anywhere in the world. Meanwhile the rise of machine capabilities is beginning to impact a number of specific tasks.

The capabilities and skills that will be most valued are changing and skills in the disciplines of the future are science, technology, engineering and mathematics. In fact, the forecast shows that 45 per cent of employers are seeking to increase STEM qualified staff over the next five to 10 years.

But Australian education has fallen behind the skills demand. There has been a steady decline in maths and science literacy among 15-year-olds. In maths literacy, Australia has declined from being one of the highest performing countries in 2000 to performing little better than the OECD average in 2018. There are also fewer STEM qualifications at tertiary level, with particularly low participation among female students.

The report profiles three 2017 Commonwealth Bank Teaching Award Fellows, Master Teacher Sarah Matthews at Bayside State College Qld; Deputy Principal of Park State High School, Qld; and Chad Bliss Principal of the Canobolas Rural Technology High School, NSW.


22 Feb 2019 | International
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A new piece of AI is helping to identify people with dyslexia so something can be done, the process uses statistics and and machine learning and takes only two minutes. Read More

21 Feb 2019 | Melbourne
Scholarship for exceptional Year 12 students who face financial barriers News Image

The University of Melbourne’s new Hansen Scholarship Program to help talented, determined students achieve their ambitions, regardless of social or economic barriers is the result of a generous $30 million gift. Read More

21 Feb 2019 | Melbourne
Class Clowns National Grand Final News Image

Class clowns finally get the chance to bring their underappreciated talent to the big stage with Melbourne International Comedy Festival having scouted Australia for the funniest secondary schoolers. Read More

21 Feb 2019 | National
Aussie schools need to teach more life skills News Image

Australians are largely positive about the level of education provided to their children but feel more attention should be given to developing students’ life skills in the classroom. Read More

19 Feb 2019 | India
Breakfast and lunch for better learning News Image

Breakfasts at school have had a great effect on learning outcomes and it looks like the same goes for lunch according to an investigation of 120 million Indian students. Read More