Key to securing Australia’s high standard of living is in diversifying our economy from one that is skewed toward commodity export and focus more to value-adding. It will mean...
Australia will need to invest another $25 billion each year to catch up to the OECD average on investment in research and development or another $32 billion to achieve...
The National Reconstruction Fund Corporation’s first ever investment is out the door, marking an important milestone for industrial policy in Australia, and a landmark event in the life of...
Australian governments have been discussing innovation, advanced manufacturing, and the vision of making more (and more high-tech things) in Australia… for decades. Yet here we are in 2024, ranked...
Posted on | by Dr Kai Riemer, Dr Sandra Peter and Dr Pat Norman
Change must start at the top, with upskilling of Australian executives and leaders. As consumers, Australians are world-leading in adopting new technologies. But our businesses, and their corporate boards,...
Productivity growth has driven prosperity in developed and emerging economies since the Industrial Revolution. But it has now stalled in many of these economies, unfortunately nowhere more so than...
Australia has recorded its best global competitiveness ranking in more than a decade, with growing investment, a strong labor market and technological infrastructure improvements helping it surpass other international...
Australia’s industry development and economic well-being is being held back by a lack of strategy and bold, long-term funding, according to advocacy group Science and Technology Australia’s new president,...
“Show me the incentive and I’ll show you the outcome. If you have a dumb incentive, you get a dumb outcome.” It’s the most famous public quip of Charlie...
Australia’s relative decline in economic complexity while disappointing is hardly shocking to many industry stakeholders, although they hasten to add that it is not too late for the country...