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The Commonwealth Bank jobs and skills of the future report

12 Nov 2017
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Creating a positive future of work is perhaps the single most important issue we face as a society. Australia’s future prosperity relies on all of us preparing for what is likely to be a very different world of jobs ahead.

Accelerating technology and social shifts are driving massive change in the economy, with fast-paced innovation transforming industries old and new and generating tremendous new opportunities for value creation.

Rising connectivity is continuing to enable digital disruption and more jobs now than ever before can be performed anywhere in the world. Meanwhile the rise of machine capabilities is beginning to impact a number of specific tasks.

The capabilities and skills that will be most valued are changing. We need to develop Australians’ skills in the disciplines of the future, notably science, technology, engineering and mathematics (STEM). In addition, we need to foster the uniquely human capabilities that keep us ahead of machines, such as adaptability, creativity and relationships.

Each of these shifts place education at the heart of Australia’s future. Schools and universities need to prepare our children and young adults for the jobs of tomorrow, not those of today. We must all become life-long learners, embracing the joy of tapping our human potential.

If we want a flourishing economy and society for Australia in years to come, we must take action now. This report provides insights and recommendations that will help Australian individuals, families and organisations plan effectively for the future of jobs. Let us work together to create a prosperous future for Australia

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