CELEBRATING 150 YEARS OF QUALITY EDUCATION - PowerPoint Presentation

Slide1

CELEBRATING 150 YEARS OF QUALITY EDUCATIONSlide2

PROUDLY PRESENTING

BERNARD SALT

Australia’s leading

social

commentator

and

futuristSlide3

Scots School Albury

Education in Regional

Australia: Preparing for the

Jobs of the Future

Bernard Salt

11 February 2016Slide4

Disclaimer

These slides are not for commercial use or redistribution. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. KPMG have indicated within this presentation the sources of the information provided. KPMG has not sought to independently verify those sources unless otherwise noted within the presentation. No reliance should be placed on additional oral remarks provided during the presentation, unless these are confirmed in writing by KPMG. KPMG is under no obligation in any circumstance to update this presentation, in either oral or written form, for events occurring after the presentation has been issued in final form. The findings in this presentation have been formed on the above basis.

Forecasts are based on a number of assumptions and estimates and are subject to contingencies and uncertainties. Forecasts should not be regarded as a representation or warranty by or on behalf of KPMG or any other person that such forecasts will be met. Forecasts constitute judgment and are subject to change without notice, as are statements about market trends, which are based on current market conditions.

Neither KPMG nor any member or employee of KPMG undertakes responsibility arising in any way from reliance placed by a third party on this presentation. Any reliance placed is that party’s sole responsibility. The presentation (and the accompanying slide pack) is provided solely for the benefit of the conference attendees and is not to be copied, quoted or referred to in whole or in part without KPMG’s prior written consent. KPMG accepts no responsibility to anyone other than the conference attendees for the information contained in this presentation.Slide5

Sydney

Melbourne

Hobart

Adelaide

Perth

Darwin

Brisbane

Canberra

Source: Based on Australian Bureau of Statistics data; KPMG Demographics

Australians have always been driven by lifestyle

Areas of high population growth (>2% pa)

and loss (<-1% pa) between 1992 and

2014

WINNERS

LOSERSSlide6

Lifestyle and resources cities are projected to rise fastest

1954

1

Sydney

1,863

2

Melbourne

1,524

3

Brisbane

502

4

Adelaide

484

5

Perth

349

6

Newcastle

178

7

Hobart

95

8

Wollongong

91

9

Geelong

72

10

Launceston

4911Ballarat4812Toowoomba4313Rockhampton41

14

Townsville4015Ipswich3916Bendigo3717

Broken Hill3118Canberra2819Blue Mountains2320Kalgoorlie232014

1

Sydney4,8412Melbourne

4,4403Brisbane 2,2754Perth2,0215Adelaide1,3056Gold Coast - Tweed

615

7

Newcastle - Maitland

431

8

Canberra - Queanbeyan

423

9Sunshine Coast29810Wollongong28911Greater Hobart21912Geelong18413Townsville18014Cairns14715Greater Darwin13916Toowoomba11417Ballarat9918Bendigo9219Albury - Wodonga8820Launceston87

20501Sydney7,6882Melbourne7,6703Perth4,6334Brisbane4,1885Adelaide1,7976Gold Coast - Tweed1,2257Canberra - Queanbeyan7228Newcastle - Maitland5889Sunshine Coast50310Wollongong38411Townsville34012Geelong30113Greater Hobart26514Cairns22515Greater Darwin20916Toowoomba19717Mackay19318Ballarat18119Bendigo16120Rockhampton142

Population figures expressed in ‘000s

Source: Based on data from the Australian Bureau of Statistics; relevant State Government planning authorities

2014-502,8473,2302,6121,9134926112991572069516111746786983108826962

% growth

59%

73%

129%

84%

38%

99%

71%

36%

69%

33%

89%

64%

21%

53%

50%

73%

122%

83%

75%

75%Slide7

Net change in Albury & Wodonga LGA population by 5-year age group over 10 years to 2014 and 10 years to 2024

Source: Based on Australian Bureau of Statistics data;

KPMG

Demographics

Growth in school-age kids, young families and retirees in Albury-Wodonga

2004-2014: 9,200 (80,000 to 89,200)

2014-2024: 11,400 (89,200 to 100,600)

Kids & teenagers

Suburbia

Young

adults

Professional development

Active retirees

Coaching & skills transfer

Mature

adults

Home office & re-skilling

-500

0

500

1,000

1,500

2,000

0

–

4

5

–

9

10

–

14

15

–

19

20

–

24

25

–

29

30

–

34

35

–

39

40

–

44

45

–

49

50

–

54

55

–

59

60

–

64

65

–

69

70

–

74

75

–

79

80

–

84

85+Slide8

Australians are changing the way they live at each stage of the lifecycle

Source: Based on Australian Bureau of Statistics data;

KPMG Demographics

0

90

10

20

30

40

50

60

70

80

Child

Adult

Old

1936

Child

Teen

Old

Adult

1976

71

Child

Adolescence

Lifestyle

Old

Retired

2016

Adult

82

63

Change in life expectancy over 80 years in AustraliaSlide9

From Boomers to Xers and Ys … and finally to Zeds

Source: KPMG

Demographics

Forgotten generation

Wrong place … wrong time

No workplace guilt

Angsty about Ys

Peak career

X

GENERATION

Born 1965 – 1982

Today 34 – 51

Hierarchical

Indulged their kids

Depression era parents

Sandwich generation

Downshifting

BABY

BOOMERS

Born 1946 – 1964

Today 52 – 70

Y

GENERATION

Special … bubble-wrap

Chaotic connection

Entrepreneurials

Disappointed generation?

Household formation

Born 1983 – 2000

Today 16 – 33

Parents results-oriented

Youth in straitened timesHighly educated, global

Pragmatists … fixers

School kidsZGENERATIONBorn 2001 – 2019Today 0 – 15Slide10

Generational shift in the way Australians work

Healthcare

& Social

Assist.

Professional

/

Scientific/Tech

.

Public Admin

&

Safety

Accom & Food

Admin & Support

Mining

Education

&

Training

Arts & Recreation

Financial

&

Insurance

Other Services

Retail Trade

Wholesale Trade

Rental/hiring &

Real Estate

Info

Media &

Telecoms

Manufacturing

Electricity/Gas/Water & Waste

Agriculture/Forestry & FishingTransport/Postal/WarehouseConstructionSource: Based on Australian Bureau of Statistics data; KPMG DemographicsHealthcare & Social Assist

Professionals & Sciences

Education15 years November 2015 – up 3.0m (8.9m – 11.9m)

ConstructionNov 2000 – Nov 2015 (000)Jobs grown: 3,292Jobs contracted: 326Net jobs added: 2,965

-200

-100

0

100

200

300

400

500

600

700

800Slide11

The way we live has changed … Australians are forever in pursuit of lifestyle

1950s

TodaySlide12

Two groups shaping the future labour force

Source: KPMG Demographics

Depth of experience & good relationships

Ideal Global Corporate Citizen

Has a ‘global mindset’

Possibly spent time in the military

Possesses and employs cultural sensitivity

Experience in running a division or

program

May have lived abroad in youth

Second language to English

Law degree & business degree eg MBA

Agreeable or moveable spouse/partner

Aged

38-42

The Reality of Generation Y

Yet to prove themselves beyond good times

& through

the GFC

Children of rich, guilty and indulgent baby boomer parents

Exposure to different cultures via technology

Possibly involved in volunteer work abroad

Backpacker, GAP or OE year

Widely travelled; possibly second language

No mortgage; deferrable debt

No relationship commitments

Aged 15-30

Moves frequently between jobsSlide13

Source: Icons made by Freepik from

www.flaticon.com

; KPMG Demographics

The best things parents can do for their kids

Build the soft

skills

of sociability, adaptability and resilience

1

Be aware that the future belongs to

knowledge workers

and to the skilled

2

Impart life skills such as the

ability to save

, to plan, to manage

3

Present

role models

to children … show them what’s possible

4

Love

them

5Slide14

@

bernardsalt

Bernard Salt Demographer

linkedin.com/in/bernardsalt

bsalt@kpmg.com.au

+61 3 9288 5047

www.bernardsalt.com.au

@bernardsalt

ConnectSlide15

CELEBRATING 150 YEARS OF QUALITY EDUCATION