Rebuilding industry won’t just happen: here’s what’s needed*

by Patrick J. Byrne

After the covid19 crisis vividly exposed the vulnerability of Australia’s global supply chains, (re)building essential medical supplies and other strategic industries will take far more government involvement than just cutting the company tax rate.

In an exercise eerily predictive of the current crisis, the Department of Defence last year assembled 17 senior engineers from peak industry bodies – including health care, electricity, fuel, water, mining and telecommuni…

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