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Will the Future Be Made in Australia?

The Diplomat LogoThe Diplomat10h ago

Will the Future Be Made in Australia? - The Diplomat

Quick Summary:

The Australian government has a keen motivation to incentivize the emergence of new industries that will protect its standards of living and advance its strategic position.

A recent paper from Asia-Pacific Development, Diplomacy and Defense Dialogue (AP4D) looks at how to strike the balance between allowing the market to function freely without undue government interference and recognizing which sectors require incentives in the national interest.

Initially announced as part of the government’s May budget – and being debated in Parliament this week – the Future Made in Australia initiative will invest US$15 billion in areas of strategic significance.

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Article Details

Author / Journalist: Grant Wyeth

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-09 @ 22:25:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 2090 words

Reading Time: 12 minutes read

Sentences: 95 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 22430705

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Main Topics: Economy

Official Website: thediplomat.com

Update Frequency: 1 posts per day

Year Established: 2001

Headquarters: United States

News Last Updated: ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #70

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