Industry policy can’t wait for Productivity Commission revamp


Sandy Plunkett
Contributor

It is just five weeks until federal Treasurer Jim Chalmers delivers his third budget in what he has frequently described as a defining decade for the country on all fronts: socio-economically, technologically, and geopolitically.

Like many, Realpolitech is wondering whether the occasion will finally bring some definition to the “recast and modernised” industry policy framework that Chalmers has signalled is emergent.

“Our industry policy framework needs to be recast and modernised so we can maximise our advantages and leverage our strengths in a new age of net zero,” the Treasurer said in his keynote to the National Economic and Outlook Conference (NEOC) in November.

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