“Useless” Husic finishes manufacturing off

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Industry Minister, “useless” Ed Husic was the great white hope of manufacturing but no more:

“Policy is shaped by the times it sits in,” he says. “For us, a pandemic, geopolitics, the pressing need to reach a net-zero future are all turning convention and orthodoxy on its head.

“That in turn requires a change in how we approach industry policy in Australia. Industry policy with a goal of more Australian workers making more things [and] using Australian know-how and Australian resources.”

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.