| The Prime Minister’s Taskforce on Manufacturing has made 41 recommendations to address the major challenges facing Australia’s manufacturing sector, including diverting funds into manufacturing-related research, the investigation of a sovereign wealth fund, business tax cuts, and an increase in infrastructure investment.
The taskforce has argued manufacturing is an important part of the Australian economy, but faces significant challenges including the high Australian dollar, the strength of the resources boom, and increased competition from China...............................................Full Article: Source
|