ECONOMIC AFFAIRS: The lessons of the past we so quickly forget*

Today, Australian manufacturing industry is dying on its feet. However, this was not always so. A former senior trade negotiator Colin Teese explains the background to successful trade and industry policies of an earlier time, and considers why Australia came to drift so far off track.In discussing manufacturing industry policy it is impossible to ignore trade policy – the two go together. They are as inseparable as partners in a successful marriage. However, in the present political climate, ne…

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