Original article by Ben Potter
The Australian Financial Review – Page: 10 : 1-Oct-15
Australia is ranked 21st in the World Economic Forum’s 2015-16 Global Competitiveness report, compared with 22nd position previously. However, the nation is ranked 26th in terms of innovation and 36th for labour market flexibility. Australian Industry Group CEO Innes Willox says the report demonstrates the need for government policy to focus on areas such as innovation, workplace relations and taxation. Switzerland and Singapore are the two most competitive nations, according to the report.
CORPORATES
WORLD ECONOMIC FORUM, THE AUSTRALIAN INDUSTRY GROUP, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, CSL LIMITED – ASX CSL