The government has delivered only one of seven promised plans for developing priority areas of the economy, despite launching the first almost a year ago and billing the plans as cornerstone documents for its manufacturing rebuild.
A co-investment plan for Australia’s medical science sector was launched last April, when the government committed to releasing more to cover its six other priority sectors like resources, defence, renewables and critical technologies.
The plans are intended to inform investments and outline further actions needed to develop the strategic sectors. They are part of the Albanese government’s increasingly interventionist approach to industry policy, which has included multi-billion investments in the sectors.
Want to know how this story ends?
Become a subscriber for complete access to all stories on InnovationAus.com and our daily newsletter.
Do you know more? Contact James Riley via Email.