Businesses of tomorrow


Westpac Future of Business

Enabling businesses to act with confidence

Business success can come during any market conditions and opportunities can arise in any industry, provided there’s the right leadership to seize the potential. This is the focus of a two-part report series prepared by Deloitte Access Economics for Westpac.

Future of Business 

Enabling businesses to act with confidence

This report is the second in a two-part report series prepared by Deloitte Access Economics for Westpac. With a medium-term, future focus, Enabling Businesses to Act With Confidence tells a deeper story of how technology will bring great improvements to our living standards, how most businesses are in fact remarkably sanguine about their growth prospects, and how, with a more responsive policy environment, Australia has a brighter economic future with more innovation and jobs.

Based on a fresh survey of over 1,000 businesses across all industries, states and sizes, and combined with a range of other data and analysis, this report:

  • Provides a snapshot of the medium-termbusiness outlook
  • Assesses what trends and changes matter most to business
  • Identifies business’s priorities for government policy reform
  • Sketches out the business and economic impacts of a more responsive policy environment
  • Draws out specific insights for small and regional businesses.

Published: December 2017

Businesses of Tomorrow

Growing Australia's confidence

Australian business leaders reaching their potential would significantly grow Australia’s economy. An increase in GDP of around $70 billion would result from halving the gap in management effectiveness between Australia and leading nations on this measure – more significant than the estimated productivity benefit of the internet.

This report for Westpac outlines what it takes to be a prosperous business in an ever-changing, competitive marketplace and why having prosperous businesses matters for Australia’s future. 

For more information about Westpac's Businesses of Tomorrow programme visit:

Businesses of tomorrow - 2016
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