The founder and CEO of listed accountancy firm Kelly + Partners is advising its 7,500 clients to look for Australian suppliers rather than import from China.
Australia has remained in 18th place in the annual IMD World Competitiveness Ranking, now in its 32nd year.
Beyond travel, a trans-Tasman bubble is an opportunity for Australia and NZ to reduce dependence on China
The COVID-19 crisis has thrown Australian and New Zealand businesses’ dependence on China into stark relief. With countries reportedly competing with and undercutting each other to secure desperately needed medical supplies from China, many are now waking up to their economic exposure to a single manufacturing giant.
India can explore synergies with Australia in advanced manufacturing as part of ‘Make in India 2.0’ (which includes segments such as robotics, genomics, chemical feedstock and electrical storage).
March crude steel production figures have highlighted the impact of the Covid-19 across the world, with production for the month down 6 per cent compared to 2019.
We have just witnessed an oil price crash like never before taking prices of West Texas Intermediate into deeply negative territory.
Australia and other nations are rethinking their supply chains. Brent Balinski spoke to ANCA co-founder Pat Boland about what re-localisation means to a company that exports nearly all of what it makes. There’s a momentum here and abroad behind strengthening manufacturing as part of the pandemic response. It’s hard to witness the urgent ramping…
COVID-19 has taken Australia and the world by surprise. Coming after severe droughts in eastern Australia, concerns have been raised about Australian food security.
New Organisation for Economic Co-operation and Development estimates paint a grim picture of the direct economic costs of public health measures to contain the spread of COVID-19, and the need for more government support to cushion the blow.
Strong space and defence industries in South Australia are helping the formation of a potentially nation-leading AgTech ecosystem.