Today in our editorial series – Towards 3% R&D – Turbocharging Australia’s Innovation Effort – Elliot Duff identifies the issue as a lack of capability in diffusing knowledge through the economy to its grass roots. Knowledge Diffusion in Australia While doubling R&D spending to 3% will help turbo-charge the Australian innovation system, it is essential…
The announcement by the Prime Minister Anthony Albanese of a Future Made in Australia Act has brought a chorus of negativism as well as support and advice from industry. Samantha Donovan interviewed industry policy leader Emeritus Professor Roy Green of UTS Sydney on ABC radio – his advice is to better coordinate policy, focus on…
The Business Council of Australia has called for the development of a national industry policy, echoing calls made by @AuManufacturing news over many years. The peak body issued a plan to secure Australia’s economic future – Seize the Moment – which aims to tackle chronic low and falling productivity and levels of national innovation, and…
The federal treasurer Jim Chalmers has given the new chair of the Productivity Commission Chris Barrett an impossible job, argues John Sheridan. If we can no longer measure productivity in a digital age – and we can’t – how can any amount of reform of the PC help boost national productivity? Workplace productivity comparisons mean…
By Peter Roberts The Treasurer Jim Chalmers has opted for gradualist reform of the much criticised Productivity Commission, appointing a former Labor Party staffer to be the commission’s new chair. Chalmers appointed Chris Barrett (pictured) as the new Chair and said ‘to build a stronger economy, we need to build stronger economic institutions – and…
This week’s report from the Productivity Commission targeted Australia’s energy policies as a form of industry assistance – anathema to the dry economic policy group. Here, Roy Green finds the Commission out of touch with Australia’s needs. This is another tiresomely predictable and formulaic report from the Productivity Commission. Ironically it takes issue with the…
Global work and surgical glove manufacturer Ansell is embarking on a major productivity push as sales continue to be dampened as distributors reduce glove inventories built up in the wake of the Covid-19 pandemic. The Melbourne-based manufacturer told investors the effects of channel partners and end customers reducing high levels of inventory over the past…
