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I pretty much agree with everything you said except that for the most part I think we do that already. This year’s federal budget has large allocations towards
by jeeeb 5y ago
I pretty much agree with everything you said except that for the most part I think we do that already.
This year’s federal budget has large allocations towards infrastructure projects - e.g. inland rail and port upgrades. That’s on top of the state infrastructure projects already in the pipeline.
Heck even the planned gas plants make sense in terms of keeping energy costs down for industry.
Fundamentally none of that is a path to a specific outcome - such as onshoring of value add industries based on rare earths though. Rather it’s a bet that industry will find a way to utilise the infrastructure.
- shakna 5y ago> Fundamentally none of that is a path to a specific outcome - such as onshoring of value add industries based on rare earths though. Rather it’s a bet that industry will find a way to utilise the infrastructure. That I think is one of the key problems - all the investments seem to make it easier to import/export/transport... But none of them seem to actually be aimed at creating industry inside the actual country. Our manufacturing industry is practically nonexistent. This latest budget hasn't tried to shift the needle on that.