The Great Western Royal Hotel, now the Hilton London Paddington, opened in 1854 as part of Brunel's plan for a single journey linking hotel, railway and steamship. The building illustrates the complementarity principle in two dimensions. Functional complements build capability and performance. Reputational complements, or conferral, build credibility and attraction. Australian precinct policy attends closely to the first and much less to the second. Lasting advantage appears

General-purpose AI is a name that captures raw capabilities: models, compute, and data centres. Industrial AI names that capability once an economy has built the complements around it through redesigned work, new skills, better data and supporting institutions. This working paper explains why productivity gains have been slow to appear, examines Australia's data centre investment debate, and sets out what the Commonwealth, the states and businesses can do to turn AI capabilit

Australia’s productivity woes stem from more than tax or regulatory inertia. As Emeritus Professor Roy Green argues, decades of industrial decline, underinvestment in research, and a failure to embrace strategic transformation have left the economy exposed to global shocks and wage stagnation. Green outlines a pragmatic agenda for industrial renewal—joining up policy, innovation, and workforce development—to secure Australia’s economic future.