There are a range of complexities impacting Australia’s economic landscape amid rising geopolitical tensions, and there is a dire need for strategies to bolster the nation’s defence capabilities in the face of potential threats.
The trio take a look at the challenges facing the nation, such as stagnant productivity and a significant slowdown in GDP growth, highlighting the importance of balancing economic and national security priorities, particularly in the face of an increasingly complex and uncertain geopolitical landscape.
They also discuss:
- The need for a strategic approach to industrialisation, focusing on high-tech and automated manufacturing, to enhance Australia’s defence capabilities while maintaining economic stability.
- The need to boost economic complexity and diversity to better prepare the nation to face the mounting geopolitical and “whole-of-nation” efforts being leveraged against Australia in this new multipolar world and how best to deliver such a monumental change.
- The urgent need for a serious national debate with the Australian public about the future of the country and its economic future and the intersection of national security.
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