Australian manufacturing: From dying industry to dream factory?

Lower tariffs and cheaper imports have battered the manufacturing industry, but a new report suggests a shift to high value-added production could save the sector from extinction.

Is the Australian manufacturing industry slowly marching towards extinction? Not necessarily, according to a new report by the Australian Workforce and Productivity Agency.

However, to become competitive, we need to shift from heavy industrial manufacturing towards higher value-added, technologically advanced production.

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