THE average Australian's real income will rise by more than $11,000 over the next 12 years under an ambitious plan to be laid out today by Prime Minister Julia Gillard while delivering the nation's road map into the ''Asian century''.

Ms Gillard will announce the findings of the overdue Asian century white paper, which has set ''ambitious goals'' to be achieved by 2025, including elevating the nation's GDP per person into the world's top 10 and positioning Australia as a key player in the region.

Julia Gillard will announce results of white paper that says 'Australia is in the right place at the right time'. Credit:Luke Fuda

If that were achieved, the average real income - in today's dollars - would rise from $62,000 to $73,000.

The paper says Australia must implement a massive investment in skills and education to stay competitive in the growing Asia region.