A reset of industry policy will take place in New South Wales to give investors and innovators a “clear signal” of the state’s long-term direction and support mechanisms, according to the state’s new Industry and Innovation minister.
In his first major speech since becoming minister, Anoulack Chanthivong this week outlined his vision for industry policy, which he describes as inextricably linked to addressing productivity concerns.
“The future prosperity of NSW will greatly depend on getting our industry policy settings right,” he told a Committee for Sydney event, adding that productivity growth has been “weak for a long time”.
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