My thoughts:
- We need to identify what role we want in the global economy. We then focus on everything that is needed to grab that role, including education, research, marketing, policies.
- It also means cutting support for things that are not on the critical list. We cannot afford distractions.
- Look at India, for example, who saw Information Technology as their way up the ladder, and marshalled everyone behind it (political, religious and business leaders), building the infrastructure and enablers to make it happen.
- If we do not take such a focused approach, we risk being thrown whatever the rest of the world doesn't want. Which is not too bad, I suppose: somebody has to shovel the dung. This of course assumes that other countries are also following India's example.

We can start by looking at our strengths and weaknesses:
+ Research and Science
+ Education
+ Minerals
+ Standard of Living
- Small population
- Low rainfall
- Large landmass

I'm worried about us riding on the sheep's back, because farming uses more water than falls on the land, thus depleting our other reserves until there is none left. We face a water shortage crisis.
I'm worried about is riding the resources wave, because we excavate minerals faster than we replace them, and eventually it will the extraction and refining of the minerals will become prohibitive. It is not a long-term path.
I'm worried that we are the world's largest exporter of coal, because the burning of coal is the greatest cause of the CO2 emissions we are trying to curb. It's like giving weapons to the enemy.
I worry a lot!

I think that Australia should aim to become the world leader in harnessing renewable energy.
We turn one of our "weaknesses" into a "strength". Our huge land becomes a big catchment area.
We can export products, services, expertise, and possibly batteries of stored energy.

I think that Australia should save its coal reserves, and become world leaders in developing other uses for carbon (preferably including the extraction from the CO2 that we've dug up and added to the atmosphere/biosphere).
Carbon has a uniquely useful structure, and forms incredibly strong molecular bonds. Not just diamonds, but nano-tubes. It is far too useful to burn!
Again, we can build a whole economy based on 21st century technology and sustainability, rather than trying to leverage off old methods that were based on the (now debunked) ideals of unlimited growth and resources.

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