Publications
Building tomorrow: How sustainable innovations in construction can drive Australia’s economic growth
Our Managing Director David Williams-Chen explores the critical connection between sustainable construction practices and Australia's economic growth. The article highlights the urgent need to improve productivity in the construction sector to address challenges such as housing affordability, cost of living, and environmental impact. It examines promising innovations like 3D printing, precast fabrication, and sustainable concrete alternatives, emphasizing their potential to revolutionize the industry and deliver substantial economic and environmental benefits.
The government investing in productivity is a recipe for higher wages, stronger budgets, and economic growth
Positive Economics Advisory explores the Federal Treasurer's announcement of a $900 million incentive fund to encourage productivity-enhancing reforms. It discusses the importance of productivity growth for increasing real wages and highlights potential initiatives such as adopting international product safety standards, streamlining commercial planning and zoning, and embracing modern construction methods. The article also examines Infrastructure Australia's research on the potential impact of broader reforms, emphasizing the significant economic benefits and increased tax revenue that could result from tackling politically challenging reforms.
Lower airfares and inflation, higher tourism spending and living standards: The economic gains from relaxing Australia's aviation constraints
Our Managing Director David Williams-Chen examines the economic implications of a key recommendation within the Australian Government's Aviation White Paper: relaxing bilateral air service agreements and pursuing "open skies" agreements. Drawing on analysis conducted for the Airports Council International (ACI), the article highlights the potential for significant economic benefits, including reduced airfares, increased consumer spending, and a boost to the tourism sector. The findings underscore the importance of aviation policy reform in driving economic growth and improving living standards for Australians.
Understanding the 2024-25 NSW budget: what it means for businesses
Positive Economics Advisory provides a concise analysis of the 2024-25 NSW Budget and its key implications for businesses across the state. Based on a presentation delivered by our Managing Director David Williams-Chen to the Sydney Gay and Lesbian Business Association (SGLBA), the article explores the significance of the budget for businesses, the current fiscal landscape, and NSW Treasury's economic outlook. It highlights important trends such as expenditure restraint, infrastructure spending, and projected wage growth, offering valuable insights for businesses to navigate the economic environment and plan for the future.