AMGC $250-350b by 2026 An increase of $250-350 billion in the size of the sector by 2026 Cyber Security $4.7b and 1000s of jobs Potential increase by 2026 from $2 billion* (present) to over $4.7 billion*, with employee growth from 19 000 to 26 000 Actions to promote development of the sector could add a further $1.3 billion* and an additional 5 100 jobs FIAL supply to Asia Pacific Australia is well positioned to take advantage of the growing middle in the Asia Pacific through improvements to productivity and competitiveness. Australian food and agribusiness already produces enough food to feed over 130 m people, 5 times its population METS Ignited $15b in exports METS is Australia’s largest export industry, with $15 billion in annual revenue. Improved processes, products and services will have a major impact on Australia’s biggest export sector MTPConnect $3.2b and 28 000 jobs By 2025 the MTP sector could generate a 75 per cent increase of $3.2 billion* to the economy per annum compared to 2015, with additional 28 000 jobs. 14 000 of these jobs would be in Universities and Medical Research Institutes NERA $9.5b (oil, gas, coal) NERA has identified the potential for the oil and gas sector to generate an additional AUD$5 billion* to industry per annum, and the coal sector an additional AUD$4.5 billion* to industry per annum *Gross Value Added (GVA)
Common Knowledge Priorities Common themes across Growth Centre knowledge priorities include developing and adopting technology and systems associated with automation, digitisation, and advanced materials; environmental impact and sustainability, and how emerging technologies will impact markets. Sector-specific Knowledge Priorities (AMGC) (FIAL) (MTPConnect) (METS Ignited) (NERA) (ACSGN) Digital design and rapid prototyping Sustainable manufacturing and life engineering Additive manufacturing, materials resilience and repair Bio-manufacturing and biological integration Nano-manufacturing and Precision manufacturing Using genetics, novel technologies and processing techniques to produce highly differentiated and value added foods Clinical specialty/therapy, including geriatrics, infectious disease, and immunology Areas of science, including antimicrobial resistance, biomedical engineering, and regenerative medicine Devices and diagnostics, including bionics, point of care diagnostics, and wearable devices Advancing mining and beneficiation technologies such as selective mining, comminution, classification, reducing tailings/reject streams, in-situ recovery and Mapping prospective basin geology across the minerals and energy sectors Developing new technology, business models and infrastructure to adapt to the changing energy mix security for: IT integrated with control systems for plant and machinery Mobile internet Artificial intelligence and big data computing Internet of Things (or connected products) Quantum computing Block-chain
Sector-specific Commercialisation and Collaboration Priorities (AMGC) (FIAL) (MTPConnect) (METS Ignited) (NERA) Leveraging government procurement to collaboration between firms, and to create opportunities for Australian firms in global supply chains. AMGC is partnering with the Innovative Manufacturing CRC. AMGC has a National Additive Manufacturing Hub at Monash University and a National Carbon Fibre Manufacturing Collaboration Hub at Deakin University. The industry is working together to improve innovation readiness for businesses and researchers, to achieve an efficient and effective innovation system. FIAL delivers workshops including , , and connects companies through the . Establishing links with research, trade and investment partners. Partnerships with and funding for accelerators and incubators, including , , and . MTPConnect is partnering with , , , , , AMGC and eight healthrelated . Enabling collaboration between mining companies and METS companies through a shared strategic understanding of mining industry roadmaps. METS Ignited is partnering with . Commercialising new operational technology. NERA has a program where SMEs are invited to apply for a $20,000 Innovation Voucher to deliver an innovative solutions. Help cyber security start-ups find their first customers. Make access to seed and early stage venture capital easier. Improve research focus and collaboration to assist commercialisation. Simplify government and private sector procurement processes.
Common Skills and Management Capability Priorities Equipping the future workforce and management with the skills required to to automation and digitisation Advocating for modular and flexible higher education provision needed for lifelong learning Building sector capacity and facilitating access on innovation, entrepreneurship and commercialisation including marketing, stakeholder management, intellectual property, regulatory affairs, leadership, finance and capital markets Building sector knowledge of skills and knowledge requirement to access international markets and participate in global supply chains Enhancing managerial and leadership skills, including for innovation and commercialisation How skills requirements will evolve with emerging technologies, as well as skills attraction and retention Sector specific Skills and Management Capability Priorities (AMGC) (FIAL) (MTPConnect) (METS Ignited) (NERA) (ACSGN) Conducting analysis to forecast industry employer skills demand. Exploiting Australia’s cost advantage in high-skilled labour by lifting the skill mix of the workforce. Improving researchers and businesses management to take ideas to market by providing insights and foresights, channel readiness programmes, transforming business models (, eCommerce Workshops, Capability Building Workshops). Market incubators will be developed to Improving sector enabling disciplines such as bioinformatics, health economics, regulatory affairs, data analytics and manufacturing. Workshops and roundtables to identify and plan for future workforce needs. National mentoring . Partnering and funding through a consortium of Raising the profile and understanding of the sector to attract and retain STEM talent. METS Ignited supports the Austmine Innovation Mentoring Program to help build managers’ skills in areas including management, innovation, commercialisation and accessing supply chains. Improving sector capability in complex project management skills Ongoing development of the sector’s specialist and niche skills Attract and retain the best and brightest to cyber security Ramp up cyber security education and training Create vibrant industry led professional development pathways
Sector-specific approaches to improving international engagement capabilities Common approaches to improving international engagement capabilities in Sector Competitiveness Plans include better engagement with overseas markets through workshops, engaging with international delegations and better understanding industry principles to support exports. (AMGC) (FIAL) (MTPConnect) (METS Ignited) (NERA) (ACSGN) Australian manufacturers are poorly linked into global value chains, with the lowest level of foreign inputs used to produce goods for export of any major economy. Encouraging greater foreign engagement by partnering with Austrade to map under-served export markets Facilitate international market and supply chain success through leading and supporting clusters, developing online catalogues, and trade missions Connecting industry with export opportunities through an Export Market Database and Capability Building Workshops, connecting buyers and suppliers with the . Encouraging greater use of Australia as a destination for products’ clinical development process. This will position Australia to better access emerging Asian markets. Participating in Medtech Innovation showcases, fairs and business delegations in Asian markets, collaborating with Austrade on inbound trade missions to attract investment in the Australian medtech sector. Enhancing SME ability to partner with original equipment manufacturers to increase their access to large global mining companies and related international supply chains Exploiting the domestic and international opportunities presented by the use of LNG as a marine fuel Support Australian Firms to develop scalable services delivery models. Develop security as an educational export. Attract MNCs to use Australia as an export base for the region
Economy-wide framework conditions affecting one or more sectors Complexity of business registration processes A lack of harmonisation of work health and safety (WHS) legislation and practice A need for harmonisation of occupational licensing rules An inflexible workplace relations framework Unclear and duplicative environmental regulation International standards and supporting interoperability Sector specific issues and approaches to reducing regulatory burden (AMGC) (FIAL) (MTPConnect) (METS Ignited) (NERA) Continuing to identify regulatory issues including: Participating in the Prime Minister’s Industry 4.0 Taskforce to drive transition to Industry 4.0 in Australia. Scanning existing reviews for opportunities Streamlining commercial auditing practices. Providing a one-stop shop for information on regulation and Non-Tariff Measure for key export markets. Improving industry standards through aimed at reducing duplication of audits. Providing a sounding board for industry through development of an online Red Tape Register. Continuing to seek regulatory issues to address including: Working with the Therapeutic Administration and the sector on the regulatory aspects of the Sansom Review, 3D Printing, Precision Medicine, Future Technologies and Medicinal Cannabis. Harmonisation of Occupational Health and Safety legislation and practice. Developing a common understanding of interoperability in mining and related industries. Best practice asset closure and rehabilitation. Alignment of Australian oil and gas standards with international best practice.