Drivers of Structural Change in the Australian Economy – CIE DITR December 2006

Drivers of Structural Change in the Australian Economy CIE DITR Dec 2006The structure of the Australian economy is constantly evolving in response to domestic and international forces which themselves are continually changing. Over the last five years the service sector has continued its inexorable increase while at the same time the mining sector has staged a rebound in response to increasing world demand for commodities. Manufacturing production has switched to more ‘knowledge Download full reportintensive’ goods that emphasise design and other value-added components. Firms have grown bigger and computerisation and information technology has replaced thousands of clerical workers who have found jobs in other service industries.

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