Australia’s search for an industrial policy has been long and contested. Centralised models drawn from small unitary states do not fit the realities of a vast federation with diverse regional economies. This Insight argues that the way forward is mission-oriented and place-based: the Commonwealth defines national missions and platforms, while States and regions adapt and deliver through their own specialisations, building resilience, competitiveness, and innovation.

Australia’s innovation system is world-class in research inputs,but falters when it comes to commercial outcomes. This is our long-standing "innovation paradox." What if we could finally solve it? Drawing on the case of Kaiserslautern, a small German city transformed into a global tech hub through the establishment of Fraunhofer Institutes, this Insight makes the case for introducing Fraunhofer-style applied research institutes in Australia.

For the first time in many years, there is a genuine opportunity to move beyond the oppositional politics that have hindered structural reform. This new parliamentary composition—more diverse but potentially less fractious—opens the door to building coalitions of the willing for major national reform. If we are to grasp this political moment, we must also confront the structural ambiguity that has long undermined innovation policy in this country. 

Australia's Future Made in Australia strategy risks building the factories of tomorrow while outsourcing their digital brains. This new Innovation Insight argues that Computer and Information Services (CIS)—including software, AI, and cloud platforms—must be recognised as essential infrastructure, not an afterthought. This Insight proposes a dedicated Digital Enablement stream into the FiMA National Interest Framework. Without this, we risk building yesterday’s industries wit

Despite decades of consensus that Australia must diversify beyond resource dependence, policy action has repeatedly stalled. This new Insight from the Acton Institute unpacks this paradox as a slow-moving crisis—a systemic drift that erodes capability, legitimacy, and future prosperity. The Insight explores why structural reform so often fails, and argues that policy effectiveness in the 21st century depends not just on what governments do, but how they make sense of what mus

What does the NSW Innovation Blueprint 2035 actually commit to? This analysis examines the strengths and gaps in the state's innovation stra

Gavin Keeley and Dalene Wray*, 6 February 2025 The Regional Development Australia (RDA) Moreton Bay-Sunshine Coast region presents one of...