SHARING IDEAS THAT DO GOOD

Food manufacturing key to Australia's future

post-image

Australian business titans Anthony Pratt and Andrew Liveris have named food manufacturing as a key to the nation's future in a post COVID-19 world.

Mr Pratt said manufacturing would be "turbocharged" if Australia: improved water infrastructure; accelerated depreciation for manufacturing investment; brought down power prices through an "all of the above" energy policy involving renewables, gas, coal, and nuclear; increased superannuation fund lending to corporate Australia for investment and jobs; and embraced free trade agreements.

Mr Pratt used wheat as an example. He said wheat sells for $100 a tonne. If it is turned into flour its sells for $500 a tonne and if it is made into bread it is worth $5,000 a tonne.


https://www.canberratimes.com.au/story/6771699/food-best-hope-for-australias-recovery/?cs=14232

What do you think?

You must be logged in to post a comment.
Comments
Generic placeholder image

By Lynn Wood

28 May 2020



Related Posts

Governance

post-image

Set up a Constitutional Council to sort out our Federal Conundrums
28 July 2021 by Glenn Barnes 0 Comments
 

Governance

post-image

NOW is the time to re-set Australia’s federal structure
21 July 2021 by Glenn Barnes 0 Comments

Governance

post-image

Referendum rules need reform before we vote on a voice
19 July 2021 by Glenn Barnes 0 Comments