DBrief Podcast by Australian Industry Group
DBrief, the business podcast from Australian Industry Group is for business people with a keen interest in understanding the connection between their individual business operation and the broader issues of Industry Development, Industry Policy and new government regulations.
Via an engaging and informal interview format, DBrief will investigate:
- What is happening in Industry Policy, and what does it mean?
- Where are these issues going, and what do I need to know?
- What do I need to think about and learn, in order to stay abreast of- or even ahead of- the emerging issues and developments?
By understanding the answers to these questions, business operators can stay ahead of changes and market movements, and be better prepared for Digitalisation, Decarbonisation and Diversification in their business and their market sector.
The podcast is designed to provide Australian Industry Group members and other business owners with a useful and timely insight into the changes in policy and regulations, and what is means for business.
DBrief Podcast by Australian Industry Group
DBrief: Navigating Tariffs and Supply Chain Turbulence
In this episode, Louise McGrath and Dr Jeffrey Wilson unpack a new report by the Australian Industry Group titled Trade, Tariffs and Supply Chains. The report explores the impact of recent trade tariffs on Australian industries, and the hosts delve into the strategies businesses are adopting to manage ongoing supply chain disruptions. They also highlight the critical need to strengthen Australia’s engagement with Asia, including improving language education and cultural literacy, to unlock greater trade opportunities in the region.
Key Takeaways
- Trade tariffs have introduced uncertainty, influencing investment decisions across Australian industries.
- Supply chain disruptions remain a major concern for manufacturers, exacerbated by tariff-related pressures.
- Australian manufacturers are increasingly investing in digital logistics technologies to improve resilience.
- The concept of “grey tape” refers to indirect regulatory burdens that complicate business operations.
- Asian language education in Australia is in decline, posing a challenge to regional engagement.
- Cultural literacy is vital for building meaningful connections with Asian markets.
- The New Colombo Plan is a promising initiative for fostering ties with Asia, but further efforts are needed.