Australia’s Economic Future
In this video, Nathan explore the concept of protectionism in the context of Australia’s economy. What would happen if we applied protectionist policies, and how would that affect industries like manufacturing and mining? While Australia’s mining sector doesn’t really need protection, he dive into the complexities of supporting manufacturing – an area where Australia hasn’t exactly been a powerhouse.
He also touch on the importance of adopting the principle of comparative advantage, where countries focus on what they do best, while considering how to ensure Australia’s economy remains dynamic and competitive. If you’re interested in the intersection of economics, national policy, and long-term strategies, this one’s for you. Let’s dive into the challenges and trade-offs involved in finding the right mix for Australia’s future!
Join us for our next conversation, National Care and Support Sector Conference 2025.