Mr Abbott, don’t let us become the dumb white trash of Asia

Australia’s international competitiveness is slipping and the federal government’s failure to invest in education and R&D will only accelerate the slide.

The latest world competitiveness rankings, released today, have seen Australia slip another place to 17 out of 60 countries surveyed -- a drop of 12 places in five years, highlighting once again why real reform in key areas such as tax and innovation are vital.

Many of the countries ranking above Australia have put a premium on innovation, education and efficient and effective business environments -- factors that are crucial to improving Australia’s international competitiveness.

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