Podcast
SCAN OR CLICK TO LISTEN TO THE INTERVIEW IN FULL 45 MINUTES
JOHN POYNTON AO
With Rob Langton
CHAIR & CO-FOUNDER - POYNTON STAVRIANOU
between universities, research institutions, and private enterprises. Tourism has also become a vital contributor to the state’s economy. Western Australia’s natural beauty, including pristine beaches, diverse wildlife, and unique landscapes like the Kimberley region, have attracted tourists from around the world. The state’s focus on sustainable tourism practices has further enhanced its appeal to eco-conscious travellers. Agriculture has experienced advancements, with modern farming techniques and exports playing a crucial role in the state’s economy. Western Australia’s agricultural products, including grains, livestock, and horticultural produce, are in demand both domestically and internationally. The education sector has seen significant growth, with universities in Western Australia becoming globally recognized institutions. This growth has attracted international students, contributing to cultural diversity and economic prosperity. The state’s business landscape has also been shaped by a commitment to environmental sustainability and renewable energy. Initiatives promoting clean energy technologies, such as wind and solar power, have gained traction, aligning with global efforts to combat climate change. However, challenges persist. Economic diversification remains a priority, as the state seeks to reduce its dependence on commodities and create stable, sustainable employment opportunities across various sectors. Building resilient supply chains, promoting innovation, and investing in skills development are crucial strategies in navigating the evolving business landscape. In conclusion, Western Australia’s business landscape has transformed significantly over the past few decades, embracing diversification, innovation, and sustainability. While challenges exist, the state’s resilience and adaptability, position it well for continued growth and prosperity in the future.
John Poynton AO is a renown West Australian based business identity. He serves as the Co-Founder and Chair of Poynton Stavrianou, bringing over four decades of expertise in advisory and capital markets, spanning equity, debt, infrastructure, and property. Alongside his role as an investment banker, John also actively contributes as a non-executive director for various ASX-listed companies, government entities, educational institutions, and non-profit organizations. John recently sat down with Ready Media Group’s Rob Langton for an in-depth interview - he discusses his business journey plus shares valuable insights on pivotal market sectors in West Australia. Here is a summary of John’s insightful interview. Certainly, over the past few decades, the Western Australian business landscape has undergone significant transformations, reflecting both global economic trends and local developments. The state’s economy, once heavily reliant on mining and resources, has diversified considerably, embracing sectors such as technology, tourism, agriculture, and education. In the early days, Western Australia was primarily known for its abundant natural resources, particularly in mining and energy sectors. The mining boom of the late 20th and early 21st centuries fuelled rapid economic growth, leading to increased investments, infrastructure development, and job opportunities. However, this period of prosperity was also marked by volatility due to fluctuations in commodity prices, impacting the state’s economic stability. Amidst these changes, the technology sector emerged as a significant player in the Western Australian economy. The rise of start-ups, innovation hubs, and technology- driven initiatives has fostered a culture of entrepreneurship in the region. This shift has been supported by investments in research and development, encouraging collaboration
4 – November / December 2023
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