Towards 3% R&D – Knowledge diffusion a key by Elliot Duff

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…

How can we refrom the PC when we can no longer even track productivity – by John Sheridan

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…

Treasurer opts for tinkering with mostly ignored Productivity Commission

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…

How much longer must we put up with the PC – by Roy Green

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…