Kokoda Papers #9: The Wealth Of A Nation: Preparing Australia's Human Capital For 2030 (2009) By David Schmidtchen
 
In a globally mobile and knowledge-based labour market, the stark reality for human capital is that the country needs skilled Australians more than skilled Australians need the country. The risks and challenges to Australia’s human capital have increased through exposure to globalisation, tighter economic and social networks, and dependence on technology. The solutions to Australia’s future human capital challenges will be found in a broader appreciation of the interdependencies within Australian society and the relationships across the agencies that are responsible for delivering the Australian Government’s ambitious human capital agenda.
 
The Australian Government is the strategic change agent driving the transformation of Australia’s human capital.
 
How effectively government agencies respond will determine the future growth, capability and performance of Australia’s human capital. The quantitative human capital challenge for Australia is to attract and retain sufficient skilled people in a global labour market to remain economically competitive. The qualitative challenge is to improve the overall quality of Australia’s human capital through improved outcomes in education, health and welfare.
 
The primary conclusions and recommendations from this study focus on driving long-term reform in the national administrative system that will deliver the Australian Government’s human capital agenda. However, similar reforms are also needed within the national security community. The study identifies the principles of the emerging ‘human capital system’ and its importance to Australia’s long-term national security.
 
Soft Cover
87 pages
In good condition