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STEM Panel, Wyatt Roy MP, Catherine Caruana-McManus & Luke Sayers in conversation with Nicky Phillips, 30 April 2015

BUSINESS LUNCH

STEM Panel featuring Wyatt Roy MP, Catherine Caruana-McManus & Luke Sayers in conversation with Nicky Phillips, 30 April 2015, addressed a Business Lunch for over 140 business executives in an interactive panel discussion around “STEM – The Solution to the Innovation Drought”.  This lunch was proudly sponsored by PwC.

This event included the launch of PwC's report, titled: "The STEM Imperative: Future Proofing Australia's Workforce" which warns that many of the jobs people work in today "simply won't exist in the next decade, either entirely, or at the same number".

The panel discussed various global models for introducing & encouraging the STEM sector. Particular emphasis was directed into Israel's unique innovative culture & entrepeneurial eco-system.

Wyatt Roy elaborated on this by sharing with the audience some of his observations from his recent trips to Israel. Israel's worldwide recognised government 'Yozma' project is the creator of Israel's VC industry. Yozma makes equity investments in technology companies engaged in fields where Israel has demonstrated world leadership. Furthermore, in 2014, Israel invested $3.2 billion in R&D compared to $200 million in Australia.

  • Wyatt Roy MP was elected the Federal Member for Longman at the age of 20 and is the youngest-ever Member of Parliament (State or Commonwealth) in Australia. He was re-elected at the September 7, 2013 poll and was installed as part of a new Coalition government in the 44th Australian Parliament. From October 25, 2010 to August 5, 2013, Wyatt was a member of the House of Representatives Standing Committee on Climate Change, Environment and the Arts. In November 2013, Wyatt was appointed chair of the Joint Standing Committee on Treaties, the key parliamentary body that scrutinises proposed or established agreements underpinning Australia’s obligations to other nations in international law. He is also a member of the Joint Standing Committee on Foreign Affairs, Defence and Trade.
  • Catherine Caruana-McManus is an urban planner, economist and digital innovation strategist who overseas IBM’s Smarter Solutions & Industries organisation.  Catherine is responsible for driving IBM’s Smarter Planet & cities initiative and advising governments and the private sector on Big Data, next generation cloud, social and mobile solutions designed to lifting the productivity and liveability of our nation’s cities and regions.   Catherine has over 25 years experience in sales, consulting, product development and delivery across the technology, innovation, digital media, tele-communications and urban development sectors.
  • Luke Sayers is the CEO of PwC Australia and Vice Chairman of PwC Asia, PwC's network of firms across the Asia Pacific region and leads the strategic direction of the firm and provides leadership to a team of over 5,000 people, who partner with global, Asian and Australian businesses, governments, high net worth individuals and entrepreneurs to help them grow and succeed. Under Luke's leadership, PwC Australia is focused on delivering value to clients, lending expertise to help address important national issues, and contributing to communities around Australia.
  • Nicky Phillips is the Science Editor for The Sydney Morning Herald. Nicky explored this very important topic with Wyatt, Catherine and Luke, including an interactive Q&A session for our guests.

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