The document summarizes the top 5 trends in Australian business: 1) Rise of robots to reduce labor costs and increase productivity, 2) Increased globalization driven by growing middle classes and improved logistics, 3) Proliferation of sensors and data to provide businesses with valuable customer and operational insights, 4) Growing customer demand for stronger connections with suppliers through social media and direct engagement, and 5) Increasing customer preferences for convenience through time-saving options like customized/tailored products and delivery services. The document provides key questions for businesses to consider how to leverage each trend and concludes with tips on developing a clear growth strategy, understanding competitive advantages, improving people strategies, adopting lean thinking, and managing for cashflow.