The fifth Intergenerational Report last week made clear that if we do not have the appetite to continue to proactively shape our future, we will bequeath future generations a less prosperous nation than we could be, and a more challenged future.

Reshaped by the rise of Asia, digitisation and the take-up of new technologies, changing business models and the nature of work, climate, global volatility, and worldwide debt and deficit levels, the world around us is evolving.