Wayne Swan in his lunchtime address to the Australia Israel Chamber of Business stated that in order to lift productivity levels more investment would be envisaged to skill and educate the workforce.
The ageing population is a definite danger and if we are to lift productivity in Australia, we need to look at participation levels in the workforce - this includes looking at 2nd income earners and reviewing tax rates.
Technical education also needs to be updated and there needs to be an emphasis on school apprenticeships.
All in all, there are imperatives to train more and education is a number one priority.
All of this is music to the ears of learning and development professionals so let's hope this is not just a case of false election promises and no action.
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