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With the cooling resources boom, the falling Australian dollar, the new government and rebounding business confidence -- what better time for Australian businesses to start thinking about where future prosperity will come from.
In Deloitte's preview release of Building the Lucky Country, Positioning for Prosperity? we focus on where Australia will find its next waves of economic growth. Plus, we take a deep dive into our current wave, mining and the five new fronts; agribusiness, gas, international education, tourism and wealth management.
To make the most of this potential growth wave, we need to ensure that the attractiveness of Australia's unique tourism assets outweighs the limitations of our tourism industry.
The questions here are:
Do we have a truly national and shared vision for the future of our tourism sector?
Are we investing in the tourism infrastructure that Asian tourists will want?
Does the position of tourism within government need to be elevated?
Is there greater room for cooperation between industry and our three layers of government?
Could we be doing more to exploit the link between tourism and our other globally oriented industry sectors, such as education and financial services?