Critical steps Australia must take to rival China and save jobs

Australian manufacturers can compete with China if they take a number of steps. But industry leaders say more change must occur to support local businesses. VOTE NOW
View in browser 31st October 2025
 

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Good morning Gurpartap,

In the Australia of the future, green doesn't mean hippy eco-warriors or carbon-shaming Karens: Green means go.

As part of the Back Australia campaign's groundbreaking gathering of industry, government and expert information, this masthead has developed a clear and simple traffic light system to reveal what Australia is best at manufacturing and the sectors being left in the past.

And while few Australians might realise it, at the peak of our industrial expertise is defence material. 

Drone manufacturer Droneshield and anti-drone laser maker EOS are world leaders in their field. Meanwhile, a new missile factory is slated for Newcastle, and another cutting-edge company called Anduril is making unmanned submarines in Sydney.

This sovereign military capability is vital for our national security and gives Australia a critical failsafe in the event of supply chain disruption — or worse.

Likewise, our now-famous critical mineral industry will provide the raw materials we need to make crucial technology like computers, phones and cars and will be a game-changing counterweight to China's stranglehold on the market.

Little wonder it was this that helped US President Donald Trump not just recommit to but redouble US efforts towards the AUKUS security pact.

On the other side of the coin, Australia is also a world leader in pharmaceutical production, with a $5 billion export market, so much so that Trump is threatening to put tariffs on it in order to prop up the American pharmaceutical sector — the ultimate backhanded compliment.

But none of this means we can afford to take any of this for granted. We lost the lead in solar panel manufacturing, and now China has world dominance — with major ramifications for energy security — leaving our industry now desperately in need of a reboot.

We must always be recognising and seizing opportunities as well as removing any impediments to innovation and productivity.

To this end, the Council of Small Businesses of Australia is calling for businesses with a turnover of less than $20 million to have their company tax rate slashed from 25 to 20 per cent.

And the CEO of hardware giant Bunnings is warning that red tape is undermining business confidence and threatening the Australian dream of home ownership for future generations.

That is why we must constantly be on the move, always looking for ways to improve how business can operate for the benefit of all of us.

That is why green means go.

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