Tag: economics

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...

Future Made in Australia: Treasurer rubbishes inflation claims

Posted on   |  by Brandon How
Treasurer Jim Chalmers has rejected “rubbish” claims that the government’s Future Made in Australia manufacturing package is inflationary, insisting the industry intervention will be “responsible in macroeconomic terms”. The...

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...

ARC Linkage grants limited impact for smaller firms

Posted on   |  by Brandon How
The Australian Research Council’s $300 million Linkage program increased revenues for the large companies that received funding support, but had only a limited effect on SMEs involved in the...

Husic unveils NRF board, taps clean energy veteran as chair

Posted on   |  by Brandon How
Former Clean Energy Finance Corporation director Martijn Wilder will chair the eight-member board of the Albanese government’s $15 billion National Reconstruction Fund. Industry and Science minister Ed Husic announced...

Australia’s economic complexity ranking now behind Uganda

Posted on   |  by Brandon How
Australia’s international ranking in economic complexity has fallen again, with the country now sat at 93 out of 133 countries in an index produced by Harvard University researchers. The...

Productivity Commission reforms to be led by new chair

Posted on   |  by Brandon How
Treasurer Jim Chalmers has appointed a deputy secretary from the Victorian Department of Treasury and Finance Chris Barrett as the new chair of the Productivity Commission. Announcing the appointment...