After Ving's topic on desalination, I thought of one that has always been of interest to me and that is what leading edge industry can Australia initiate/startup to make us the leaders in.
Given that all but most manufacturing is now pretty much taken over by China and with South Korea initiating a committment to spend billions of dollars for the next 10yrs to be leaders in Biomedical sciences/engineering, India being the IT Outsourcing hub
what is the future for Australia?
Does our current government have the foresight to pour money into R&D or are they just concerned about their 4 yr term. I raise this topic cause it affects our future and our childrens future in the years to come. I certainly don't want this great country of ours to head towards a banana republic. Is it too late for us to take grasp of something, nuture it, be the best at it, sell it to the rest of the world and most importantly - keep it here.
Some of my ideas include maybe management of nuclear waste, Aerospace flights to the general public, R & D on material science, IT engineering of some sort (AI) etc. The creation of such a new industry would have enormous benefits both financially and also the sustainability of this country.