Is Australia’s new industrial policy a way forward to a competitive, innovative, and sustainable future in which the benefits of new technologies such as renewable energy and artificial intelligence are widely shared throughout society? Or a reversion to past failed attempts to protect local industry, pick winners at taxpayers’ expense, lag in innovation and productivity while further contributing to growing inequality by enrichment of the rentier elites?
A conversation with Dr Michael Keating AC, economist, former head of departments of prime minister and cabinet; finance, and employment and industrial relations, currently visiting fellow at the Australian National university (ANU).
Republished from Mixcloud, May, 2024