Australia’s next government must mend structural cracks appearing in its political, economic and social foundation, report finds (part 2)

Los Angeles, April 25, 2025 (APA) -

To move past these problems, Australia will have to "leverage its impressive state capacity and strong educational system to develop a more advanced services sector and more complex manufacturing," said the Australia BGI Report. The next government will need to focus on the "domestic essentials of growth" such as housing market reforms, as well as building economic complexity, to ensure internal and external stability, the report’s researchers conclude. Only with a more complex economy "can Australia ensure future growth and reduce vulnerability to foreign powers like China and the U.S." ---------------------------------------------- This text and the accompanying material (photos and graphics) are an offer from the Democracy News Alliance, a close co-operation between Agence France-Presse (AFP, France), Agenzia Nazionale Stampa Associata (ANSA, Italy), The Canadian Press (CP, Canada), Deutsche Presse-Agentur (dpa, Germany) and PA Media (PA, UK). All recipients can use this material without the need for a separate subscription agreement with one or more of the participating agencies. This includes the recipient's right to publish the material in own products. The DNA content is an independent journalistic service that operates separately from the other services of the participating agencies. It is produced by editorial units that are not involved in the production of the agencies' main news services. Nevertheless, the editorial standards of the agencies and their assurance of completely independent, impartial and unbiased reporting also apply here. Contact: Democracy News Alliance, Christian Röwekamp, roewekamp.christian@dpa.com Kiadó: APA/DNA ------------------------------------------------------------------- A Nemzeti Közleménytár oldalán található közlemények nem képezik az MTI hírkiadás részét, az MTI által szó szerint továbbított tartalomért minden esetben a közlemény beadója a felelős. A közlemények forrásmegjelöléssel (NKT) szabadon és korlátozás nélkül felhasználhatók. Az NKT szolgáltatással kapcsolatban további információt az nkt@dunamsz.hu elektronikus levelező címen kaphat.