Top 10 in 10
Ten steps towards a more competitive Australia
Australia is a great place to live, but we cannot be complacent. Our living standards are rising more slowly than they have in the past and people are struggling to build a better future.
While other nations are embracing policies to increase the competitiveness of their economies, Australia is unable to commit to sensible reform to allow us to compete in the global marketplace. Over the past decade Australia has fallen from 10 to 21 on the Global Competitiveness Index, with our biggest weaknesses being innovation, tax and workplace relations. This means less investment, fewer jobs and missed opportunities.
The good news is we can do something about it. By taking practical steps to improve Australia’s global competitiveness, we can make local businesses more dynamic and Australia a more attractive destination for international investors.
The Australian Chamber’s Top 10 in 10 economic plan deserves bipartisan support so we can become a top 10 country within 10 years.