You comment about selling Lattes to each other is very apt.
I dare to suggest that we have some alternative gainful employment for people before we abandon what we have.
Trouble is that previous considerations have used catch phrases like "knowledge based" or "lucky country" which are high on spin but low on content.
I recognise that some support industries have closed but you might be surprised how many have set up in recent years. New factories without the saddle of old machinery and old labour practices make profits, hence are sustainable, while old factories become an economic burden. Why are Toyota still manufacturing without loud pleas for hand outs? Some reasons could be a more saleable product, not being hide bound by tradition, more flexible labour relationships, more up to date plant, better machinery.
I was the lead electrical engineer for design and building their Altona production facility; the use of robotics is extensive.
Closer to track, with the fall in the AUD how viable is Penrice's decision to stop making Soda Ash and import it instead?
If we continue to deskill our country we will have nobody to service our new EMUs.
A kindred thought. Will there be a team of people on hand large enough to be able to repair damage to the electric overhead following, say, a pantograph accident. What I fear is that they will have to get contractors in from WA or Qld and the system will be down for days.