australia predictions for 2024
Read 25 predictions about Australia in 2024, a year that will see this country experience significant change in its politics, economics, technology, culture, and environment. It’s your future, discover what you’re in for.
Quantumrun Foresight prepared this list; A trend intelligence consulting firm that uses strategic foresight to help companies thrive from future trends in foresight. This is just one of many possible futures society may experience.
International relations predictions for Australia in 2024
International relations predictions to impact Australia in 2024 include:
Politics predictions for Australia in 2024
Politics related predictions to impact Australia in 2024 include:
Government predictions for Australia in 2024
Government related predictions to impact Australia in 2024 include:
- Of the 190,000 available migration slots, the Family stream takes 52,500 places (28% of the program), and the Skill stream takes 137,000 (72%). Likelihood: 70 percent.1
- Legislative amendments to the Privacy Act are implemented, including a Children’s Online Privacy Code. Likelihood: 75 percent.1
- The state of Victoria bans natural gas connections to new homes. Likelihood: 70 percent.1
- The government introduces mandatory climate reporting for companies and financial institutions. Likelihood: 65 percent.1
- Victoria residents studying to become secondary school teachers have their degrees paid by the state government to fill staff shortages in the sector. Likelihood: 75 percent.1
Economy predictions for Australia in 2024
Economy related predictions to impact Australia in 2024 include:
- An aging and retiring workforce has led to the creation of 516,600 jobs per year since 2019. Likelihood: 80%1
- With tax changes coming into effect this year, mid-range income-earning couples with children earn an extra AU$1,714 in disposable income, up from AU$513 in 2019. Likelihood: 50%1
- With tax changes coming into effect this year, mid-range income-earning single people earn an extra AU$505 in disposable income, up from AU$405 in 2019. Likelihood: 50%1
- More than 20,000 workers are now needed for mining projects across the country in all roles, including engineers, plant operators, supervisors, technicians, and geologists. Likelihood: 70%1
- Australia's heating, ventilation, and air conditioning (HVAC) market reaches AU$3.2 billion this year, with a compound annual growth rate of 5.7% since 2019. Likelihood: 70%1
Technology predictions for Australia in 2024
Technology related predictions to impact Australia in 2024 include:
- Artificial intelligence (including ChatGPT) is permitted in all Australian schools. Likelihood: 75 percent.1
- IT spending grows 7.8% year-over-year, with most funding going to cybersecurity, cloud platforms, data and analytics, and application modernization. Likelihood: 75 percent.1
- End-user spending on security and risk management grows 11.5% year-over-year to AUD $7.74 billion. Likelihood: 75 percent.1
- Australia's autonomous mining trucks used in deserts across the country are going to the moon via the Australian Space Agency and NASA's latest expedition. Likelihood: 50%1
Culture predictions for Australia in 2024
Culture related predictions to impact Australia in 2024 include:
Defense predictions for in 2024
Defense related predictions to impact Australia in 2024 include:
- Australia starts producing its guided missile system, thanks to US support. Likelihood: 65 percent.1
Infrastructure predictions for Australia in 2024
Infrastructure related predictions to impact Australia in 2024 include:
- Melbourne’s $12-billion Metro Tunnel begins operations. Likelihood: 70 percent.1
- The Asian Renewable Energy Hub power station starts compressing and supercooling hydrogen and exporting it to Asian nations like Singapore, Korea, and Japan. Likelihood: 80 percent1
- Australia has become the world's largest producer of liquified natural gas (LNG) this year, supplying over 30 million tonnes of LNG per annum. Likelihood: 50%1
Environment predictions for Australia in 2024
Environment related predictions to impact Australia in 2024 include:
- The El Niño phenomenon triggers heat, droughts, and wildfires. Likelihood: 70 percent.1
- A plant in Queensland produces up to 100 million liters of sustainable aviation fuel using Alcohol to Jet (ATJ) technology. Likelihood: 70 percent.1
- 50% of Australia's electricity now comes from renewable sources. Likelihood: 60%1
- Australia's gold mines are producing over 6 million ounces of gold this year, down from 10.7 million ounces in 2019. Australia has slipped from second to fourth on a list of countries that are the largest gold miners. Likelihood: 60%1
- Development of solar and wind energy projects propel Australia to realize the fastest reduction of emission rates in its history, as the country meets its Paris Agreement target five years ahead of schedule. Likelihood: 50%1
Science predictions for Australia in 2024
Science related predictions to impact Australia in 2024 include:
Health predictions for Australia in 2024
Health related predictions to impact Australia in 2024 include:
More predictions from 2024
Read the top global predictions from 2024 - click here
Next scheduled update for this resource page
January 7, 2022. Last updated January 7, 2020.
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