The improvement of language skills and intercultural understanding among Australians for the purpose of increasing their country's ability to develop a strong export economy is explored. It is argued that a formidable language teaching system in education is vital to the strengthening of Australia's international reputation in world markets. Australians need to increase their skill levels in other languages and their understanding of other cultures and they must also use those skills to their best advantage. Fifteen vital issues related to the need for reform of the Australian language education system are enumerated and discussed. The paper concludes by calling for an increase in the number, diversity, and quality of second language teachers, and an educational policy that is less institutionally racist and more responsive to the country's economic and social needs. (TR)