Australia’s Rural R&D Corporations are rightly celebrated, but the system around them needs to evolve. This Innovation Insight reframes agricultural policy not in terms of who holds power—but what functions the system must perform to meet today's national challenges. A future-focused rethink from CSIRO’s Food System Horizons.

At a time when the language of innovation is everywhere yet the architecture for delivering it is so often absent, the need for honest, grounded, and practical thinking is urgent. The goal of this book is not to predict the future, but to inform and provoke those with the responsibility and agency to shape it.

The tectonic shifts in the global economy—from manufacturing to services, from tangible goods to intangible assets—demand more than incremental adjustments to our statistical and analytical frameworks, Australia, a nation increasingly powered by services and innovation, risks undermining its competitiveness by clinging to an outdated framework. The case for adopting modern, flexible, and globally aligned industry classification systems has never been more compelling.

Australia’s economic future depends on lifting productivity through deliberate, coordinated innovation efforts. This demands more than tax breaks or start-up hype. We need systemic clarity about innovation; mature ecosystems that enable diffusion, PMI-oriented public intervention, regional governance, and outcome-based metrics. Only then can Australia boost competitiveness, inclusivity, and resilience beyond legacy sectors and cyclical growth.

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 innovation policy faces a blind spot: the systematic neglect of common knowledge that enables breakthrough innovations to scale and endure. While current frameworks excel at measuring patents and R&D expenditures, they overlook the tacit expertise, institutional practices, and professional networks that serve as innovation's connective tissue. This Insight reveals how integrating common knowledge with proprietary systems can transform Australia's innovation perfor

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.

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

Australia's industrial policy is shifting with the Future Made in Australia Act. However, there are concerns about potential inefficiencies