DBrief Podcast by Australian Industry Group
DBrief, the Australian Industry Group podcast, is for business operators keen to understand the connection between their own enterprise and the broader issues of industry development and policy and new government regulations.
Via an engaging and informal interview format, DBrief investigates:
• what is happening in industry policy, and what it means;
• where these issues are going and what you need to know and
• what you need to think about and learn in order to stay abreast of — or even ahead of — emerging issues and developments.
Tune in to stay ahead of changes and market movements and be better prepared for digitalisation, decarbonisation and diversification in your business and market sector.
DBrief Podcast by Australian Industry Group
Market Lens — Australia's Fragmented Frontiers & Regional Insights
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
In this episode of DBrief, Louise McGrath and Dr Jeffrey Wilson explore the complexities of Australia’s economic landscape, including challenges posed by time zones, public holidays, and the need for a unified economic market. They examine trade agreements - particularly those with New Zealand and ASEAN - and highlight the growing importance of digitalisation in trade processes.
The conversation also includes an update from the recent East Asia Business Council meetings in Malaysia, held on the margins of the ASEAN Economic Ministers’ meetings. Key topics include demographic challenges across the region and the impact of global trade policies, especially those originating from the US.
Key takeaways
- Australia’s time zone differences present significant business challenges.
- Public holidays vary widely across states, affecting productivity.
- The TTMRA aims to establish a single economic market between Australia and New Zealand.
- Trade agreements such as RCEP (Regional Comprehensive Economic Partnership) are vital for regional economic cooperation.
- Digitalisation in trade can reduce corruption and enhance efficiency.
- Youth demographics in Asia offer both opportunities and challenges.
- US tariffs disproportionately affect Asian economies.
- Machine-to-machine communication is essential for modern trade.
- ASEAN’s focus on small businesses provides a valuable model for Australia.
- The focus on small businesses in ASEAN is a model for Australia.
Contact the Industry Development & Policy team here.
