Tag: Comparative Advantage

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Rebuilding national competitive advantage

Australia has had a competitively thinning economy over the last 30 years. Australian corporates have reduced inhouse research and development – Telstra Research, Comalco Research, Wormald Research are just...

PC raises alarm on govt’s comparative advantage bets

Posted on   |  by Brandon How
The Productivity Commission is challenging a foundation of the Albanese Government’s Future Made in Australia agenda, arguing Treasury is inappropriately using an oft-cited economic theory as grounds for interventionist...

PC casts doubt on Australia’s ‘activist’ AI support

Posted on   |  by Brandon How
The Productivity Commission believes Australia is not well positioned to produce its own advanced artificial intelligence models and doubts the productivity benefits of “activist government ‘sponsorship’” across the AI...