In our final piece on the five pillars of the economy, we look at services. It’s the great economic hope - but opportunities in the burgeoning Asian market elude us.
Manufacturing’s share of Australia’s gross domestic product has fallen from 12.9% in 1979 to 6.2%.
Image sourced at www.shutterstock.com.au
Education is a central pillar of our economy. Not only does the education sector employ nearly 8% of Australian workers, it is our fourth largest export earner.
Agriculture remains a major employer in Australia but the challenges of competition, food security and climate change are on the horizon.
AAP image/supplied by Graincorp