One of the reasons for optimism regarding the Australian economy can be seen in the Transport and Logistics sector where Industry experts have forecast there will be a twenty six per cent increase in the demand for Logistics and Transport professionals over the next five years.
The Australian Economy is not as strong as a few years ago during the Resources and Property Boom and this is no secret. Global growth is down and public and Government debt to GDP ratios are stretched to say the least. The Brexit, political turmoil in the Middle East, falling commodity prices and China’s slowing growth rate are all contributors to the current state of the global economy.
Here in the Lucky Country these factors have an obvious impact and throw in the race to the bottom with currency wars and interest rates to fuel yet more debt and the landscape is increasingly tricky.
In saying that there are a number of reasons for optimism including the sheer volumes of demand for our natural resources including Iron Ore, Coal and LNG. In addition, the renewed interest in Agriculture and Farming, especially from overseas investors as those aspiring to middle-class lifestyles around the globe swells is a beacon of hope. The International Education sector continues to thrive and there is a ground-swell of support from investors and policy-makers regarding innovation and start-ups.
Another reason for optimism can be seen in the Transport and Logistics sector where Industry experts have forecast there will be a twenty six per cent increase in the demand for Logistics and Transport professionals over the next five years. Fields such as road, rail and shipping will be a part of this increase and there is increased dialogue around ensuring Australia has the personnel to meet this increase. One of the discussions taking place is the degenderizing of the industry and making it more female friendly for the benefit of the common good.
Business Development Manager
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