Australias future economic challenges: perspectives from employers ACTU Investment Forum Peter Burn, Director of Public Policy, Ai Group 17 June 2011.

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Presentation transcript:

Australias future economic challenges: perspectives from employers ACTU Investment Forum Peter Burn, Director of Public Policy, Ai Group 17 June 2011

Shares of Global GDP 1990 & 2010 Citibank

Shares of Global GDP 2010 & 2050 Citibank

Number aged per person aged 65+ Intergenerational Report 2010

Erosion of Australias Competitiveness

Shifting the Path of Industrial Development

Declining Labour Productivity

Steep deterioration in manufacturing cost competitiveness Growth in Australian manufacturing industrys unit labour cost significantly exceeded the OECDs average

Middle Class by Region 2009, 2020 & 2030

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