Groundhog Day: The annual Harvard Growth Lab’s Economic Complexity Index (ECI) figures have been released – and Australia’s ranking has dropped, again. By Dr Jens Goennemann. Australia now ranks 105th in the world in the measure of the complexity of the products it produces placing us between Botswana and Côte d’Ivoire. Let me repeat that: Botswana…
Western Australian businesses can join the wind energy manufacturing supply chain with the help of a new co-investment programme which could cover up to 50% of eligible project costs. The Wind Energy Manufacturing Co-Investment Program is a co-investment and advice programme co-created by the WA Government and the Advanced Manufacturing Growth Centre with $8 million…
Filtration screen specialist ActionLaser has announced its entry into the international market for plastic recycling via a project backed by the Advanced Manufacturing Growth Centre. ActionLaser was established in 1988 based on laser drilling technology developed at CSIRO, originally focussed on centrifuge screens for the sugar processing industry, and later branched out into filtration screens…
Australia’s overreliance on exporting largely undifferentiated commodities has been laid bare in data released by the Harvard Kennedy School which shows that the country’s Economic Complexity Index (ECI) rating has plummeted to 93rd, down 12 positions in the past ten years. The Harvard Index systematically ranks 133 countries by their ability to manufacture and export…