News Room Archive

Strengthening Innovation

A recent report by the Business Council of Australia in conjunction with the Society for Knowledge Economics found that while Australia has pockets of good innovation practice, the national innovation system needs to be strengthened.

Reference to the New Pathways to Prosperity report in article titled ‘Mastering a New Set of Skills’ by Luke Slattery and Rachel Lebihan, The Australian Financial Review, 19 March 2007, p. 31.

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Australia could boost its GDP by $16.5 billion by 2020 through a 10 per cent increase in foreign investment.

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The BCA has expressed disappointment at the Coalition’s announcement that, if it wins office on 21 August, it would cut Australia’s immigration program.

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