Reactions to the federal budget

A welcome focus on growing Australian capability Industry-research collaboration advocate Cooperative Research Australia (CRA) has praised the focus on growing Australia’s science and technological performance, continued support for Cooperative Research Centre (CRC) funding, and plans to transform Australian R&D. Budget 2024 “has put education, research, manufacturing and industrial transformation at its core” said CRA CEO…

Towards 3% R&D – government and business leadership by David Martin

Today our editorial series – Towards 3% R&D – Turbocharging Australia’s Innovation Effort – turns to the critical importance of leadership from governments and business leaders in reversing the innovation slump. By David Martin of Ai Group. Leaders have the responsibility to shape the future of their firms by identifying opportunities and strategically aligning the…

Ai Group, ACTU and others say “historic step-change” needed on energy transition policy, investment

Australia has strong natural advantages in becoming a renewable superpower, but more than advantage is needed to succeed, according to a joint statement from the Australian Industry Group (Ai Group), Australian Conservation Foundation, Australian Council of Trade Unions, Investor Group on Climate Change, and WWF-Australia. The group said on Monday that – in light of…

Contractionary conditions continue – Ai Group

The industrial economy continues to contract in response to higher interest rates according to the latest data released by employer group the AiGroup. The group’s Australian Industry Index, which is broader than its companion Performance of Manufacturing Index, fell in June 2023, losing 1.1 points to minus 11.9 points (seasonally adjusted). The index has indicated…