Industry and research spillovers could generate a benefit well in advance of the net cost of the submarine project.
- Professor, University of Technology Sydney
Bringing firms and talent together can have a significant payoff beyond the basic submarine build.
Australia’s economic complexity is declining and it’s not a good thing.
It appeared to be the announcement Australian industry had been waiting for. Finally, political pressure on prime minister Tony Abbott’s leadership had forced a “fair go” for Australian shipbuilding. On…
In the last week, Defence Minister David Johnston has flagged a “capability gap” if the next fleet of submarines is designed and built in Australia. “We are under such time constraints to avoid a capability…
Recently, we heard a bold statement from federal Industry Minister, Ian Macfarlane, regarding the procurement of Australia’s new submarines. “I can promise you this,” he said, in an interview with ABC…
It is not often that we witness strategic design in action, for the benefit of national security and economic growth. The challenges of translating good ideas into meaningful acts can be too great and…
In the wake of the proclaimed “budget emergency”, should we get ready for the “innovation emergency”? With fewer resources, Australia’s public sector will not achieve its performance targets by working…
Australia faces a fall in living standards unless policy action is taken. This is due to de-industrialisation and loss of economic complexity. The higher the economic complexity, the stronger the economy’s…
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