Australia is becoming a professional services nation
Australia is fast on its way to becoming a professional services nation with the business services sector becoming more important to the economy, and a much larger employer, as industry has become more specialised and more willing to have non-core work done by external providers.
This change has come about, in part, because new technology has pushed down the costs of communication and logistics, and allowed a range of processes to be automated, according to the head of the Reserve Bank’s economic analysis department, Alexandra Heath.
Read the full article on the Australian Financial Review.
