The government’s manufacturing policy is better than it might have been. Our man in Canberra reckons it reflects a coherent mix of economic policy and political strategy.
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INDUSTRY POLICY
How we’ve forgotten the economic lessons of the 1990s
Demands for government intervention to protect manufacturing and to boost productivity share a common problem of laziness. Past economic lessons have been forgotten.
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How defence spending ‘contributes to American
prosperity’
Australia defence spending contributes generously to American defence corporations.
READ MOREWhy state governments need to get out of industry policy
Much damage can be done in the name of industry assistance by state governments.
READ MOREEssential: strong support for manufacturing assistance and pokies reform
There’s strong support for mandatory pre-commitment from voters, and they also back handouts for the car industry.
READ MOREDoes automotive assistance work? We’ll know ‘in future years’
We could better debate manufacturing assistance if we knew what worked and what didn’t. But we can’t, not yet.
READ MOREThe car industry’s (not so) merry-go-round
It’s only three years since the car industry was last rescued. Meantime, other parts of manufacturing have got on with the job of lifting productivity.
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