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Sally-Ann Williams

The six reasons Australia must change to save its future economy

The country is plummeting in the global rankings of innovative nations and risks becoming a low-paid, services economy unless it reconsiders investment in deep tech.

Australia must urgently address its freefall down the global Economic Complexity Scale, from a high of 26th globally to our current abysmal 91st position.

Otherwise, we risk becoming a low-paid, services economy and supplier only of primary or simple products to the rest of the innovating world.

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Sally-Ann Williams is the CEO of deep tech incubator Cicada Innovations

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    Original URL: https://www.afr.com/technology/the-six-reasons-australia-must-change-to-save-its-future-economy-20230129-p5cga2