Monish Paul talks about how you can catch the International Education wave

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Staff
October 18, 2013 (Added)
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With the cooling resources boom, the falling Australian dollar, the new government and rebounding business confidence -- what better time for Australian businesses to start thinking about where future prosperity will come from.

In Deloitte's preview release of Building the Lucky Country, Positioning for Prosperity? we focus on where Australia will find its next waves of economic growth. Plus, we take a deep dive into our current wave, mining and the five new fronts; agribusiness, gas, international education, tourism and wealth management.

Australia is at a critical juncture in its education policy. On the one hand, effective and targeted changes could deliver significant benefits in terms of global competitiveness and export earnings, while providing the skills needed to enable other parts of the economy. On the other, the sector is facing serious challenges that will require bold action. Some important questions to address here are:

How can we tailor courses to meet the needs of foreign students, especially in areas of unique strength such as dry-land agriculture, the environment and engineering?
Are there ways to lift the quality of our teaching staff, for instance, by improving the status of educators at home or looking overseas for teachers, especially those with Asian perspectives?
Could we do more to forge links between Australian educational facilities and overseas leaders to ensure we can offer superior higher educational 'products' in a more global and digital marketplace?
How can we reduce red tape and restrictive visa rules that inhibit student migration? In particular, how can we retain top performers in Australia?
Could we combat the perception that Australia is a high-cost place to study, by better articulating the value that students gain by studying here?
Would we benefit from proactively adopting enabling technologies -- such as MOOC collaboration middleware and broadband -- to facilitate research, meet overseas students' expectations and help Australian institutions to remain globally competitive?

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