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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.


17 Jan 2018 | Melbourne
New education initiatives to strengthen ties with India News Image

India, it’s a fascinating place, increasingly a major trading partner and they like cricket, so encouraging links with the country is a no brainer. A new exchange program will see Victorian kids travel to the country. Read More

17 Jan 2018
VU unique teaching model nears its debut News Image

The first year of university can be overwhelming but Victoria University, taking inspiration from the US and Sweden is easing the way with a more focused, intimate way of teaching. Read More

17 Jan 2018 | Melbourne
Reducing cyberbullying – parents to get involved News Image

Cyberbullying has been around as long as the internet and with social media’s prevalence it has been all the more acute. Its most insidious aspect is that once kids could get some respite once they left school now they can't. Read More

16 Jan 2018 | Melbourne
Tech Schools to deliver programs with CSIRO News Image

Australia’s CSIRO is absolutely world class and students who will be attending Victoria’s 10 tech schools will have access to scientists and science generated at the organization under an innovative new program. Read More

16 Jan 2018 | Melbourne
Independent schooling out of reach? Possibly not News Image

Just under half a million dollars to educate a child in the independent system in Australia. It’s a very scary number but while you could spend that amount accessing a private education you actually don’t have to. Read More