As the 2014 G20 Leaders Summit drew to a close in November, the final statement from the nations representatives called for enhancements to Australia’s economic growth achieved through the “promotion of competition and innovation and the coordination of strategies to reduce unemployment, particularly amongst youth, through entrepreneurship”. While it may sound prospective, this theme of driving economic and job growth through entrepreneurship isn’t new. A 1979 report by Professor David Birch of MIT, titled ‘The Job Generation Process’, recommended government […]
Western Australia’s manufacturing sector could be shaken up as the state’s peak business lobby looks into boosting the international competitiveness through significant reforms. Some of the proposed changes include slashing the company tax rate to 25%, increasing R&D incentives and privatising electricity assets. Further, the Chamber of Commerce and Industry of Western Australia (CCIWA) is releasing a key report on Thursday, titled The Future of Manufacturing, following the decade of significant expansion in WA that benefitted manufacturers. The report entails […]