Since 1963, Australia’s federal industry portfolio has been restructured more than 20 times. This extraordinary level of administrative churn exposes a deeper crisis: a persistent uncertainty about the purpose, priorities, and pathways of industrial policy. This Innovation Insight calls for a reevaluation of institutional maturity—one that strikes a balance between executive flexibility and enduring strategic direction.

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

Revenue-contingent loans are a policy mechanism to offer businesses flexible, risk-managed financing, with repayments tied to future revenue

Australia’s future as an innovation leader hinges on its ability to consolidate knowledge and insights provided in previous reviews.

Our Business Expenditure on R&D has always lagged behind where we should be as an advanced economy. Governments can help in several ways.

It is high time to trash the tired old trope that ‘governments can’t pick winners’ and look to what governments can do and achieve