GDP rose by 0.2% q/q (1.0% y/y) marginally weaker than we expected (and in line with consensus).
Article
November 2, 2016
NAB Independent Schools and Innovation Survey: Q3 2016
Innovation in independent schools led by doing things differently and cost efficiently.
Independant schools are innovative despite facing higher barriers
Australia’s next phase of growth must be driven by a culture of entrepreneurship and innovation, with our education system playing a central role. But how innovative are our schools and how do they compare to other businesses? In this report, we measure innovation among a sample of independent schools and identify the key barriers to innovation and constraints to growth and teaching effectiveness. Despite operating in highly regulated and scrutinised environment, innovation in Australia’s independent schools compares favourably to Australian businesses in general – even though the barriers to innovate are greater.
For more information refer to the attached:
