1. CELEBRATING 150 YEARS OF QUALITY EDUCATION

2. BERNARD SALT PROUDLY PRESENTING Australia’s leading social commentator
and futurist

3. Scots School Albury
Education in Regional Australia: Preparing for the Jobs of the Future
Bernard Salt
11 February 2016

4. 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.

5. Australians have always been driven by lifestyle
Darwin
Areas of high population growth (>2% pa) and loss (<-1% pa) between 1992 and 2014
Brisbane
Perth
WINNERS
LOSERS
Sydney
Adelaide
Canberra
Melbourne
Source: Based on Australian Bureau of Statistics data; KPMG Demographics
Hobart

6. 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 49 11
Ballarat 48 12
Toowoomba 43 13
Rockhampton 41 14
Townsville 40 15
Ipswich 39 16
Bendigo 37 17
Broken Hill 31 18
Canberra 28 19
Blue Mountains 23 20
Kalgoorlie
2014 1
Sydney
4,841 2
Melbourne
4,440 3
Brisbane
2,275 4
Perth
2,021 5
Adelaide
1,305 6
Gold Coast - Tweed
615 7
Newcastle - Maitland
431 8
Canberra - Queanbeyan
423 9
Sunshine Coast
298 10
Wollongong
289 11
Greater Hobart
219 12
Geelong
184 13
Townsville
180 14
Cairns
147 15
Greater Darwin
139 16
Toowoomba
114 17
Ballarat 99 18
Bendigo 92 19
Albury - Wodonga 88 20
Launceston 87
2050 1
Sydney
7,688 2
Melbourne
7,670 3
Perth
4,633 4
Brisbane
4,188 5
Adelaide
1,797 6
Gold Coast - Tweed
1,225 7
Canberra - Queanbeyan
722 8
Newcastle - Maitland
588 9
Sunshine Coast
503 10
Wollongong
384 11
Townsville
340 12
Geelong
301 13
Greater Hobart
265 14
Cairns
225 15
Greater Darwin
209 16
Toowoomba
197 17
Mackay
193 18
Ballarat
181 19
Bendigo
161 20
Rockhampton
142
2,847
3,230
2,612
1,913
492
611
299
157
206 95
161
117 46 78 69 83
108 82 62
% growth
59%
73%
129%
84%
38%
99%
71%
36%
69%
33%
89%
64%
21%
53%
50%
122%
83%
75%
Population figures expressed in ‘000s
Source: Based on data from the Australian Bureau of Statistics; relevant State Government planning authorities

7. Growth in school-age kids, young families and retirees in Albury-Wodonga
: 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
: 9,200 (80,000 to 89,200)
2,000
1,500
1,000
500
-500 – 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+
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

8. Change in life expectancy over 80 years in Australia
Australians are changing the way they live at each stage of the lifecycle
Child
Adolescence
Lifestyle
Old
Retired
2016
Adult 82
Child
Teen
Old
Adult
1976 71
Child
Adult
Old
1936 63 10 20 30 40 50 60 70 80 90
Change in life expectancy over 80 years in Australia
Source: Based on Australian Bureau of Statistics data; KPMG Demographics

9. From Boomers to Xers and Ys … and finally to Zeds
Hierarchical
Indulged their kids
Depression era parents
Sandwich generation
Downshifting
BABY BOOMERS
Born 1946 – 1964
Today 52 – 70
Forgotten generation
Wrong place … wrong time
No workplace guilt
Angsty about Ys
Peak career X
GENERATION
Born 1965 – 1982
Today 34 – 51 Y
GENERATION
Special … bubble-wrap
Chaotic connection
Entrepreneurials
Disappointed generation?
Household formation
Born 1983 – 2000
Today 16 – 33
Parents results-oriented
Youth in straitened times
Highly educated, global
Pragmatists … fixers
School kids Z
GENERATION
Born 2001 – 2019
Today 0 – 15
Source: KPMG Demographics

10. Generational shift in the way Australians work
15 years November 2015 – up 3.0m (8.9m – 11.9m)
Healthcare & Social Assist
800
700
Professionals & Sciences
600
Nov 2000 – Nov 2015 (000)
Jobs grown: 3,292
Jobs contracted: 326
Net jobs added: 2,965
500
Construction
Education
400
300
200
100
-100
-200
Agriculture/Forestry
& Fishing
& Social Assist.
Healthcare
Scientific/Tech.
Professional/
Transport/Postal/
Warehouse
Public Admin
& Safety
Arts & Recreation
Admin & Support
Rental/hiring &
Real Estate
Electricity/Gas/
Water & Waste
Accom & Food
Wholesale Trade
Construction
Education &
Training
Other Services
Info Media &
Telecoms
Manufacturing
Retail Trade
Financial &
Insurance
Mining
Source: Based on Australian Bureau of Statistics data; KPMG Demographics

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

12. Two groups shaping the future labour force
Ideal Global Corporate Citizen
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 jobs
Aged 38-42
Agreeable or moveable spouse/partner
Law degree & business degree eg MBA
Second language to English
May have lived abroad in youth
Experience in running a division or program
Possesses and employs cultural sensitivity
Possibly spent time in the military
Depth of experience & good relationships
Has a ‘global mindset’
Source: KPMG Demographics

13. 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 5
Source: Icons made by Freepik from KPMG Demographics

14. Connect www.bernardsalt.com.au +61 3 9288 5047 bsalt@kpmg.com.au
Bernard Salt Demographer
linkedin.com/in/bernardsalt

15. CELEBRATING 150 YEARS OF QUALITY EDUCATION