“In the new economy, information, education and motivation are everything. In today’s knowledge-based economy, what you earn depends on what you learn.” Bill Clinton Former US President

“If we are going to carry on growing, and we will, because no country is going to forfeit its right to economic growth, we have to find a way of doing it sustainably.” Tony Blair Former British Prime Minister

“We are going to free up the capacity to get on with the job of building things.” “Ports, railways, airways, roads, things that add to productivity are the things that are going to attract first priority” Joe Hockey Australian Federal Treasurer

“You will sense a vibe of growth, of energy, a sense of entrepreneurship and the desire and interest to create new and innovative products and services” Gregory Wade Canadian Business Manager Working in Singapore

The question for you to answer is: In what directions do our economic futures lie?

Work as a team In order to answer the question, you will work as a team. Each of you will research a different aspect of the topic When you all share the expertise you gain, together as a team you will be able to answer the question. Work as a team In order to answer the question, you will work as a team. Each of you will research a different aspect of the topic When you all share the expertise you gain, together as a team you will be able to answer the question. Government Official Company Director Global Investor Employee

Background Information In order to answer the big question, you need to develop some basic shared understandings about Singapore, Australia and their economies. Therefore it is important that all members of your team should visit the websites listed here, in addition to other useful resources, and try to answer the questions below. This will provide you with all the background you need to undertake the WebQuest challenge.the websites listed here 1.What is the population of each of the two countries? 2.What does GDP mean? What is the GDP of each country? 3.What are the main industries of each country? 4.What types of government do these countries have? 5.How do our currencies compare with the Euro and the $US? 6.What is the definition of supply and demand? 7.What are primary, secondary and tertiary industries? 8.What are producers and consumers? 9.What are multinational corporations? 10.What levels of education are attained in each country? Background Information In order to answer the big question, you need to develop some basic shared understandings about Singapore, Australia and their economies. Therefore it is important that all members of your team should visit the websites listed here, in addition to other useful resources, and try to answer the questions below. This will provide you with all the background you need to undertake the WebQuest challenge.the websites listed here 1.What is the population of each of the two countries? 2.What does GDP mean? What is the GDP of each country? 3.What are the main industries of each country? 4.What types of government do these countries have? 5.How do our currencies compare with the Euro and the $US? 6.What is the definition of supply and demand? 7.What are primary, secondary and tertiary industries? 8.What are producers and consumers? 9.What are multinational corporations? 10.What levels of education are attained in each country?

Background Information Use these websites to help you find the answers to the questions:the questions Singapore (Wikipedia) Australia (Wikipedia) What is GDP and why is it so important? List of countries by GDP World value of dollar The law of supply and demand Primary, secondary and tertiary industries Producer (Economics) Consumer (Economics) Multinational Corporation Educational Attainment Australia Education Qualification of Population Singapore Background Information Use these websites to help you find the answers to the questions:the questions Singapore (Wikipedia) Australia (Wikipedia) What is GDP and why is it so important? List of countries by GDP World value of dollar The law of supply and demand Primary, secondary and tertiary industries Producer (Economics) Consumer (Economics) Multinational Corporation Educational Attainment Australia Education Qualification of Population Singapore

Individual Roles Now that all members of your team have some shared understandings, it is time for each of you to become an ‘expert’ in a field of knowledge that will help your team to answer the big question. In order to answer the question well, individual members of your team must fulfil the following ‘expert’ roles. Government Official It is your role to find out about the things government departments do to ensure strong economic futures for our countries.QuestionsLinksQuestionsLinks Company Director It is your role to find out about the type of businesses that are likely to shape the economies of Australia and Singapore in future.QuestionsLinksQuestionsLinks Global Investor It is your role to find out where money can be made by investing in Singapore and Australia.QuestionsLinksQuestionsLinks Employee It is your role to find out about some of the employment opportunities in the growth industries of our countries.QuestionsLinksQuestionsLinks Individual Roles Now that all members of your team have some shared understandings, it is time for each of you to become an ‘expert’ in a field of knowledge that will help your team to answer the big question. In order to answer the question well, individual members of your team must fulfil the following ‘expert’ roles. Government Official It is your role to find out about the things government departments do to ensure strong economic futures for our countries.QuestionsLinksQuestionsLinks Company Director It is your role to find out about the type of businesses that are likely to shape the economies of Australia and Singapore in future.QuestionsLinksQuestionsLinks Global Investor It is your role to find out where money can be made by investing in Singapore and Australia.QuestionsLinksQuestionsLinks Employee It is your role to find out about some of the employment opportunities in the growth industries of our countries.QuestionsLinksQuestionsLinks

Role 1:Government Official Your role is to research the different ways in which the governments of Australia and Singapore help to develop, grow and support their industries. You will need to know some of the reasons why the governments believe these industries are important. Use the links on the following page and other resources to help you answer these guiding questions. 1.What roles are played by Singapore’s Ministries of Finance and Trade and Industry? 2.What roles are played by Australia’s Departments of Foreign Affairs and Trade, Industry and Employment? 3.What are some of the initiatives being supported by Singapore’s Economic Development Board and Business Australia? 4.How would you describe the economies of Singapore and Australia? 5.What is the level of economic freedom in each country? 6.How do recent shifts in each country’s GDP impact on business? 7.How do the governments of each country support tourism? Role 1:Government Official Your role is to research the different ways in which the governments of Australia and Singapore help to develop, grow and support their industries. You will need to know some of the reasons why the governments believe these industries are important. Use the links on the following page and other resources to help you answer these guiding questions. 1.What roles are played by Singapore’s Ministries of Finance and Trade and Industry? 2.What roles are played by Australia’s Departments of Foreign Affairs and Trade, Industry and Employment? 3.What are some of the initiatives being supported by Singapore’s Economic Development Board and Business Australia? 4.How would you describe the economies of Singapore and Australia? 5.What is the level of economic freedom in each country? 6.How do recent shifts in each country’s GDP impact on business? 7.How do the governments of each country support tourism?

Role 1:Government Official links Use these websites to help you find the answers to the questions: Singapore Ministry of Finance Singapore Ministry of Trade and IndustrySingapore Ministry of Trade and Industry (Wikipedia) Singapore Ministry of Trade and Industry Singapore Ministry of Trade and Industry (Official) Australia Department of Foreign Affairs and Trade Australia Department of Industry Australia Department of Employment Business Australia Singapore Economic Development Board Economy of Singapore Monetary Authority of Singapore Economy of Australia 2014 Index of Economic Freedom SingaporeSingapore and Australia GDP GrowthAustralia Singapore Tourism Board Australia Department of Immigration Australia Department of Immigration (Tourism) Tourism Australia Singapore Government Information Role 1:Government Official links Use these websites to help you find the answers to the questions: Singapore Ministry of Finance Singapore Ministry of Trade and IndustrySingapore Ministry of Trade and Industry (Wikipedia) Singapore Ministry of Trade and Industry Singapore Ministry of Trade and Industry (Official) Australia Department of Foreign Affairs and Trade Australia Department of Industry Australia Department of Employment Business Australia Singapore Economic Development Board Economy of Singapore Monetary Authority of Singapore Economy of Australia 2014 Index of Economic Freedom SingaporeSingapore and Australia GDP GrowthAustralia Singapore Tourism Board Australia Department of Immigration Australia Department of Immigration (Tourism) Tourism Australia Singapore Government Information

Role 2:Company Director Your role is to research some of the big companies that operate within Singapore and Australia and play an important role in their economies. You will need to know some of the reasons why these companies choose to do business in these parts of the world. Use the links on the following page and other resources to help you answer these guiding questions. 1.What sort of industries are important to the economies of each country? 2.Which major industries are common to each country? 3.What are some of the largest companies operating in each country and what is their business? 4.What are some advantages of running a business in each country? 5.What impact does the different geography of each country have on some of their major industries? 6.What is attractive about doing business in each country to multinational corporations? 7.Can sustainable industries develop in each country? 8.How does the Australia-Singapore Chamber of Commerce and Industry support business between the two countries? Role 2:Company Director Your role is to research some of the big companies that operate within Singapore and Australia and play an important role in their economies. You will need to know some of the reasons why these companies choose to do business in these parts of the world. Use the links on the following page and other resources to help you answer these guiding questions. 1.What sort of industries are important to the economies of each country? 2.Which major industries are common to each country? 3.What are some of the largest companies operating in each country and what is their business? 4.What are some advantages of running a business in each country? 5.What impact does the different geography of each country have on some of their major industries? 6.What is attractive about doing business in each country to multinational corporations? 7.Can sustainable industries develop in each country? 8.How does the Australia-Singapore Chamber of Commerce and Industry support business between the two countries?

Role 2:Company Director links Use these websites to help you find the answers to the questions: Economic Development Board of Singapore Major Industries in Singapore Major Industries in Singapore (GuideMe) Business Australia Australian Industry The Top 5 Wealthiest Industries in Australia Singapore’s Largest Companies in 2013 Australia’s 40 Largest Companies Starting a Business in Singapore Doing Business in Singapore Doing Business in Australia Doing Business in Australia (Minter Ellison) Sustainable Manufacturing Centre Singapore Australia’s Most Sustainable Industries Australia-Singapore Chamber of Commerce and Industry Role 2:Company Director links Use these websites to help you find the answers to the questions: Economic Development Board of Singapore Major Industries in Singapore Major Industries in Singapore (GuideMe) Business Australia Australian Industry The Top 5 Wealthiest Industries in Australia Singapore’s Largest Companies in 2013 Australia’s 40 Largest Companies Starting a Business in Singapore Doing Business in Singapore Doing Business in Australia Doing Business in Australia (Minter Ellison) Sustainable Manufacturing Centre Singapore Australia’s Most Sustainable Industries Australia-Singapore Chamber of Commerce and Industry

Role 3:Global Investor Your role is to research the reasons why foreign investors like to engage in trade with businesses in Singapore and Australia. You will need to know some of the reasons why money invested in these countries will benefit the investors. Use the links on the following page and other resources to help you answer these guiding questions. 1.What reasons are given why investing in each country is a good thing to do? 2.Why would the major industries of each country make good business partners? 3.What incentives are offered to investors in each country? 4.What is the value of the free trade agreement between Australia and Singapore and how does it work? 5.Does each country have the infrastructure to promote economic growth? Role 3:Global Investor Your role is to research the reasons why foreign investors like to engage in trade with businesses in Singapore and Australia. You will need to know some of the reasons why money invested in these countries will benefit the investors. Use the links on the following page and other resources to help you answer these guiding questions. 1.What reasons are given why investing in each country is a good thing to do? 2.Why would the major industries of each country make good business partners? 3.What incentives are offered to investors in each country? 4.What is the value of the free trade agreement between Australia and Singapore and how does it work? 5.Does each country have the infrastructure to promote economic growth?

Role 3:Global Investor links Use these websites to help you find the answers to the questions: International Enterprise Singapore Singapore Industry Capabilities Economy of Singapore 5 Reasons to Invest in Australia 10 Good Reasons to Invest in Australia Invest in Australia Incentives for Businesses Singapore Why Invest in Australia? Understanding Government Support Programs in Australia Australia-Singapore Relations Singapore Australia Free Trade Agreement SAFTA Business Guide Australia’s $112 billion infrastructure lures foreign firms Major infrastructure in Australia Singapore’s Fundamentals Singapore Earns Top Rank for Infrastructure Role 3:Global Investor links Use these websites to help you find the answers to the questions: International Enterprise Singapore Singapore Industry Capabilities Economy of Singapore 5 Reasons to Invest in Australia 10 Good Reasons to Invest in Australia Invest in Australia Incentives for Businesses Singapore Why Invest in Australia? Understanding Government Support Programs in Australia Australia-Singapore Relations Singapore Australia Free Trade Agreement SAFTA Business Guide Australia’s $112 billion infrastructure lures foreign firms Major infrastructure in Australia Singapore’s Fundamentals Singapore Earns Top Rank for Infrastructure

Role 4:Employee Your role is to research the different ways in which the governments of Australia and Singapore help to develop, grow and support their industries. You will need to know some of the reasons why the governments believe these industries are important. Use the links on the following page and other resources to help you answer these guiding questions. 1.Describe the workforce of each country 2.What sort of businesses employ lots of people in each country? 3.What opportunities do these businesses offer employees? 4.What pay and conditions are available in these businesses? 5.What sort of job vacancies will be available in each country? Role 4:Employee Your role is to research the different ways in which the governments of Australia and Singapore help to develop, grow and support their industries. You will need to know some of the reasons why the governments believe these industries are important. Use the links on the following page and other resources to help you answer these guiding questions. 1.Describe the workforce of each country 2.What sort of businesses employ lots of people in each country? 3.What opportunities do these businesses offer employees? 4.What pay and conditions are available in these businesses? 5.What sort of job vacancies will be available in each country?

Role 4:Employee links Use these websites to help you find the answers to the questions: Working in Australia Labour Force in Singapore Economy of Singapore Working Conditions in Singapore Working Conditions in Australia Australian Working Conditions and Wages Job Vacancies in Singapore Jobs in Singapore Australian JobSearch Seek Australia Jobs Role 4:Employee links Use these websites to help you find the answers to the questions: Working in Australia Labour Force in Singapore Economy of Singapore Working Conditions in Singapore Working Conditions in Australia Australian Working Conditions and Wages Job Vacancies in Singapore Jobs in Singapore Australian JobSearch Seek Australia Jobs

Group Synthesis Well done. Your team is now full of expertise. You will need to get together as a team and share your different expert perspectives on the big question. ‘In what directions do our economic futures lie?’ Now as a team, answer the question. Your answer must include information and ideas from each of the four areas of expertise. Your team must present its answer in either of the following formats: Prezi PowerPoint The team will present it to the remainder of the group and all members of the team will be required to speak during the presentation. Group Synthesis Well done. Your team is now full of expertise. You will need to get together as a team and share your different expert perspectives on the big question. ‘In what directions do our economic futures lie?’ Now as a team, answer the question. Your answer must include information and ideas from each of the four areas of expertise. Your team must present its answer in either of the following formats: Prezi PowerPoint The team will present it to the remainder of the group and all members of the team will be required to speak during the presentation.