By Greg Jericho Australia’s economy is less an advanced economy than it is a petrostate style simple economy. That needs to change The announcement that the government would respond to the USA’s Inflation Reduction Act with the “Future Made in Australia” policy was a long time coming but welcome all the same. But while critics…
By Brent Balinski The Industry Growth Program, offering grants between $50,000 and $5 million to SME and startup commercialisation projects, started accepting applications on Monday. It will no doubt be useful to a long list of companies. However, the replacement for the Entrepreneurs’ Programme does nothing to address some bigger, more immediate problems. The mood…
In the first part of a two-part series we consider the importance of scaleup manufacturers. Brent Balinski spoke to some fast-growing manufacturers and other experts about the subject. Adam Gilmour describes himself and his team as “super-busy” assembling an orbital launch vehicle and launch site when asked. Gilmour Space Technologies has been focussed on rockets…
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…
