Industry-Innovation-and-Competitiveness-Agenda

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Co In Industry Innovation and Competitiveness Agenda TPO00007 Lifting competitiveness will be an ongoing challenge. The Government’s aim is to progressively finalise and announce additional competitiveness initiatives, consistent with a methodical and purposeful approach to governing. Any further reforms to promote the Agenda’s four ambitions will draw on ongoing consultation with business and lessons from the implementation of the initial reforms. In developing and implementing other key components of the Economic Action Strategy, the Government will be mindful of how these can help improve the competitiveness of Australian businesses. Each measure will be evaluated in the future to assess how it is achieving its objectives. 86 Industry Innovation and Competitiveness Agenda
Table 3: Consultation pathways Reform Consultation pathway Projected timeframe A lower cost, business friendly environment 1. Accepting trusted The Parliamentary Secretary to international standards and the Prime Minister will continue risk assessments consultations with industry and Ministers on opportunities to reform. The Government will use the cuttingredtape.gov.au website to invite submissions to identify examples of divergence from international standards. Ongoing 1a. Streamlining certification of medical devices The Minister for Health will oversee stakeholder consultations Late 2014 to support implementation of this reform. 1b. Streamlining industrial chemicals assessments 2. Shifting the culture of regulation 3. Expand access to the Commonwealth workers’ compensation scheme The Department of Health has conducted broad industry consultation as part of the review of NICNAS. Ongoing targeted consultation to be undertaken. The Department of the Prime Minister and Cabinet has consulted regulators and relevant stakeholders on the Regulator Performance Framework. The final Framework is expected to be released as part of 2014 Spring Repeal Day. The Minister for Employment will oversee further consultations to identify the viability of and Late 2014 October 2014 Late 2014 – early 2015 Industry Innovation and Competitiveness Agenda In Co best way to expand access to the Comcare workers’ compensation and work health safety and laws to eligible private employers as premium payers. TPO00007 IMPLEMENTING OUR ECONOMIC ACTION STRATEGY 87
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Industry Innovation and Competitive
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Industry Innovation and Competitive
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Foreword Strengthening Australia’
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The Government’s economic vision
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Box 1: Key Initiatives • Encourag
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Ambition 1: A lower cost, business
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y improving regulatory certainty, t
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Ambition 2: A MORE SKILLED LABOUR F
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ecommendations of an Independent In
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Ambition 3: BETTER ECONOMIC INFRAST
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Ambition 4: INDUSTRY POLICY THAT FO
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Part A THE CASE FOR REFORM
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Chart 1: The growth of emerging Asi
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The changing global economic landsc
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Chart 5: Overseas investment 2,500
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United States, Japan and the United
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Box A1: Industries with promise 1.
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6. Innovative pharmaceuticals, biot
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Many of our competitors have recogn
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• Better management practices - w
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including on Energy, Taxation, Agri
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Part B THE REFORM AGENDA
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competition with private businesses
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More generally, while there is a ca
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Ambition 1: A lower cost, business
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The Government’s Deregulation Age
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Further Proposals Proposal 1: Accep
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whether coverage by a single nation
Page 57 and 58: The Government is committed to a be
Page 59 and 60: Improving access to high-quality, l
Page 61 and 62: services and technology. These alig
Page 63 and 64: The Government considers that Austr
Page 65 and 66: The Government is focused on promot
Page 67 and 68: Ambition 2: A more skilled labour f
Page 69 and 70: A number of the other themes raised
Page 71 and 72: Vocational education and training t
Page 73 and 74: Further proposals Proposal 9: Incre
Page 75 and 76: • managing the administration of
Page 77 and 78: The Government will continue to ens
Page 79 and 80: • introduce a Premium Investor vi
Page 81 and 82: a right to access workplaces includ
Page 83 and 84: Ambition 3: BETTER ECONOMIC INFRAST
Page 85 and 86: Increasing public investment in eco
Page 87 and 88: Alongside this work, the Government
Page 89 and 90: To leverage private investment, the
Page 91 and 92: Austrade provide reliable informati
Page 93 and 94: and senior Cabinet Ministers to pri
Page 95 and 96: • taking practical steps with gov
Page 97 and 98: However, we face challenges in turn
Page 99 and 100: Employee Share Schemes (ESS) are us
Page 101 and 102: Example: Making it easier for emplo
Page 103 and 104: Proposal 16: Crowd-sourced equity f
Page 105 and 106: PART C: IMPLEMENTING OUR ECONOMIC A
Page 107: Many of the drivers of competitiven
Page 111 and 112: Reform Consultation pathway Project
Page 113 and 114: Abbreviations AND References
Page 115 and 116: INSEAD KPMG LNG PAYG NCC NCVER NICN
Page 117 and 118: ABS. (2014j). Labour Force, Detaile
Page 119 and 120: Business Council of Australia. (201
Page 121 and 122: Department of Infrastructure and Re
Page 123 and 124: Lignier, P., Evans, C., & Tran-Nam,
Page 125 and 126: Prime, P. B. (2012). Utilizing FDI
Page 127 and 128: United Nations Food and Agriculture
Page 129 and 130: © Commonwealth of Australia 2014 9
Page 131 and 132: Co In Industry Innovation and Compe
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