This online engagement was hosted on YourSAy from 17 December 2019 to 28 February 2020. Find out more about the consultation process. Below is a record of the engagement.
The Government recognises that for South Australia to succeed we need to do things differently to create an environment that is conducive to sustainable growth. Growth State is a coordinated government commitment to real, concrete actions and deliverables. Carefully designed to leverage South Australia’s competitive advantages, it will set out the collective responsibility of industry and government to grow our economy.
South Australia's future prosperity will be built by accelerating the development of industry sectors that have strong prospects globally. The creative industries is one of the nine priority sectors that have been identified based upon the sector's potential for growth.
Frontier, emerging and platform technologies that address societal and environmental challenges can potentially create new growth opportunities for business and the economy. South Australia has many competitive advantages that could be applied to develop new Hi-Tech products and services for global markets.
With your leadership, we will set the goals for our Hi-Tech industries and determine where we want to be in 2030. Once developed, the Hi-Tech Sector Strategy will enable government and industry to integrate these strategies into the South Australian Government’s Growth State: our plan for prosperity initiative.
Key challenges identified to unlock new growth opportunities include:
- Skills development and talent attraction
- Research and commercialisation
- Trade and exports
- Capacity to scale for global markets
- Access to investment capital
- Collaboration networks.
South Australia has many competitive advantages that could be applied to develop new hi-tech products and services for global markets.
- Global industries – South Australia has well-established export markets as well as new opportunities in growth sectors such as defence, space, health and medical
- World-class research and Universities including the highest number of machine learning researchers in Australia
- Entrepreneurship - Future Industries Exchange for Entrepreneurship (FIXE) is helping entrepreneurs to build their businesses from concept to creation
- Collaboration infrastructure – Lot Fourteen is one of many innovation precincts in South Australia
- Digital infrastructure including GigCity - South Australia’s high-speed internet network
- Skills and workforce development including a $200 million investment for 20,800 new apprenticeships and traineeships over four years
To find out more, read the Hi-Tech Sector Discussion Paper and let us know your ideas for other opportunities to grow the hi-tech sector in South Australia.