IEAA joins industry coalition to help drive future economy

01 Dec 2015

IEAA has joined a new coalition of industry groups to help carry the Australian economy out of the shadows of the mining boom into a new era of growth.

The new Future Economy Forum (The Forum) has an ambitious target to double employment across these sectors and supporting industries over the next 20 years.

The Forum has been established to work with government to ensure these key sectors are able to grow and provide strong employment opportunities in the future, especially in the rising industries of tourism, agribusiness, financial services, international education and IT.

Together these sectors directly employ about 1.7 million Australians, with many more jobs generated in supporting and value-adding industries.

Founding members

The Forum’s founding members are the Tourism & Transport Forum Australia (TTF); the National Farmers Federation (NFF); the Financial Services Council (FSC); the Australian Services Roundtable (ASR) and IEAA.

These industry groups represent the sectors that provide the best potential to expand and increase the nation’s economic wealth and create the jobs that will provide opportunity and maintain quality of life for all Australians.

Future Economy Strategy

As its first action, The Forum has called on the Federal Government to develop a Future Economy Strategy to identify the key items for reform that will support growth across these rising industries.

The Forum wants the strategy to focus on six key policy areas: taxation, workforce, infrastructure, innovation, sustainability and trade.

“With the decline of many traditional industries, it is time to be ambitious when planning for the growth industries that will underpin economic growth and employment generation in the decades to come," said IEAA chief executive, Phil Honeywood.

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Media contact
Peter Muntz
Communications Manager, IEAA
0488 086 962