Amid the gloom about the prospects for manufacturing in Australia — and the difficulties facing an economy dominated by small businesses (nearly 90% of Australian manufacturing capacity) — there is some…
The battleground between business, taxpayers and government for 2013 is taking shape. It is manufacturing and jobs. On Wednesday, building materials company Boral announced at least 700 job cuts in Australia…
Amid the emerging decline in Australia’s terms of trade and drop in commodity prices, there is general consensus among most commentators that improving Australia’s productivity is critical. Looking back…
A famous quote from Albert Einstein states that doing the same thing over and over again and expecting different results is insanity. Yet this is exactly what has occurred in the car industry which has…
Ongoing efforts on the part of the Australian government to deepen ties with India are well known. The recent Asian Century White Paper frequently couples China and India in its analyses, which suggests…
The Australian Government’s recently released white paper on Australia in the Asian Century identified productivity as one of five key areas for action, at a time when we are engaged in a major national…
By 2025, Asia will account for nearly half of world output. Even under conservative growth scenarios, three out of the world’s five largest economies will be in Asia. By the same year, income per person…
Forestry company Gunns has been entered into voluntary administration after posting a $904 million loss today. Tough economic conditions, including a high Australian dollar and falling woodchip prices…
The $1 billion dollar annual loss announced by BlueScope Steel confirmed what is common knowledge: the Australian steel industry is in crisis and fighting for survival. The latest statistics show that…
The recently released Report of the Non-Government Members of the Prime Minister’s Manufacturing Task Force provides a comprehensive and well-considered blueprint for the future of Australia’s manufacturing…
Can anything new be said about the future of manufacturing in Australia? Yesterday’s report, Smarter Manufacturing for a Smarter Australia submitted yesterday to Prime Minister Julia Gillard, is a detailed…
As the manufacturing landscape shifts in response to new economic and social pressures, Australia is looking for an answer to the question: What does the future look like for Australian manufacturing…
Australia shouldn’t have a motor car industry – well not an industry dependent on corporate welfare. Many Australians struggle with that idea – after all shouldn’t we be “making stuff”? When former prime…
Ford’s announcement on Tuesday of 440 job cuts is the culmination of almost 40 years of automotive industry policy failure. Ford will slash 15% of its workforce and cut production by 29%, as the industry…
WHAT IS AUSTRALIA FOR? Australia is no longer small, remote or isolated. It’s time to ask What Is Australia For?, and to acknowledge the wealth of resources we have beyond mining. Over the next two weeks…
Last October surfboard company BASE abruptly closed its factory on the Gold Coast, with the direct loss of 30 jobs. Since then, nearby D’Arcy Surfboards has announced it is shedding workers and downsizing…
As if losing their jobs wasn’t bad enough in a contracting local economy, the 350 laid-off workers from the Toyota plant in Altona, also leave with the stigma of being a “low-productivity” worker or, colloquially…
AUSTRALIA IN THE ASIAN CENTURY – A series examining Australia’s role in the rapidly transforming Asian region. Delivered in partnership with the Australian government. In this instalment, Dr Richard Pomfret…
As we are only too aware, manufacturing in Australia is currently under a great deal of pressure, operating in a relatively high cost environment, facing significant international competition and taking…
Incoming Director of the Australian Institute of Business and Economics at UQ, and Professor of Management, Faculty of Business and Economics, Macquarie University