Already a subscriber?Usually, simplicity is a good thing. But when it comes to a modern economy, complexity is better.
And we have a remarkable innovation ecosystem to call on. That the modern solar cell was invented in Australia is now well understood. But how many people know the flow battery is also a product of the University of NSW?We have half the world’s lithium reserves, but capture just 0.53 per cent of the lithium battery supply chain, for example. We can and should be doing more of the processing and manufacturing across supply chains onshore.
We recognise Australia is competing in a world in which other governments, such as the US, have shown no reluctance to intervene to give their country the best shot at success.Some of the recent commentary has drawn false historical analogies with previous government policies and missed the fundamental point that our approach is to unlock private sector investment in our country in the face of highly interventionist approaches in other countries.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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