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Future Growth Industries

To support our vision for a stronger Australia, our ongoing advocacy aims to address Question 2: How do we best support Australia’s growth industries?

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Overview

Question 2: How do we best support Australia’s growth industries?

A skilled workforce, a culture of innovation adoption, including AI, and investment in research and development, will drive the business and job opportunities of the future.

At the BCA, we’re helping to shape a stronger, smarter, and more secure nation by driving innovation through technology. We work with industry, government, and research partners to advance Australia’s digital transformation, from artificial intelligence and cyber security to next-generation defence technologies under AUKUS Pillar 2. Our goal is to harness these tools to create new opportunities, boost productivity, and ensure Australians are ready for the jobs of the future.

We’re also committed to keeping Australia safe and competitive in a rapidly changing world. The BCA supports the growth of an innovative economy that benefits everyone, creating high-value jobs, improving everyday life, and positioning Australia as a trusted leader in technology across the globe.

Within this area of focus, we have the Future Growth Industries CEO Committee chaired by John Paitaridis, Chief Executive Officer, CyberCX.


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In the age of AI, Australia stands today at the dawn of something truly transformative. This report lays out a clear, positive vision and practical actions to make Australia a global AI leader by 2028.

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AI Hub

The BCA AI Hub brings together our latest reports, business stories, advocacy and insights to help support the responsible adoption of AI across the economy.

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National Roadmap for Making Australia a Top 10 Investment Destination

KPIs for the Nation

The Business Council’s ambition is for Australia to become one of the world’s top 10 investment destinations, strengthening the foundations for higher productivity and living standards.

To measure and track Australia’s progress, we have developed a set of national KPIs aligned to our Big Six Questions.

Our Future Growth Industries KPIs track Australia’s progress in strengthening innovation and AI capability to compete for investment, high-value jobs and the industries of the future.

  • Improving our ranking on the WIPO Global Innovation Index
    Reaching the global Top 10 in innovation will help Australia become a more competitive nation that attracts investment, jobs and opportunities across every sector.
    Current: 22nd → Target: Top 10 by 2035
    Metric: Global ranking out of 139 countries.
  • Improving our ranking on the Global AI Vibrancy IndexBecoming a Top 10 AI nation will strengthen Australia’s future economy, support high-value jobs and help us remain competitive in the technologies shaping the world.
    Current: 28th → Target: Top 10 by 2035
    Metric: Global ranking out of 36 countries.