Looking back to look forward
Australia ranks last on the OECD rankings for manufacturing self-sufficiency – making us the most underdeveloped manufacturing sector of any industrial country in the world. Excitingly, one of the largest investments in the Federal Budget is the $1.5b manufacturing strategy. However, what does this look like in action? The Government is the largest procurer in the Australian marketplace, and there is a real opportunity to drive investment in the sector simply by placing their dollar locally.