2013 Global Manufacturing Competitiveness Index

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2013 Global Manufacturing and Competitiveness Index

Areas that will define Australia’s manufacturing competitiveness over the next five years will include innovation, skills, the economic, trade and finance environment, the approach to clean energy and digital technologies, according to Deloitte Manufacturing Partner, Damon Cantwell.

A recent benchmarking Index from Deloitte and the U.S Council on Competitiveness, 2013 Global Manufacturing Competitiveness Index, highlights that Australia ranked at number 16 in terms of current competitiveness and is expected to rank 17th against other national economies in five years.

This Index, which includes over 550 survey responses from CEOs around the world, details expected changes in global manufacturing centres over the next five years.  

This Index provides Australian manufacturers, policymakers, academics and business leaders with an opportunity to increase dialogue and better understand the current forces driving manufacturing competitiveness in today’s volatile economic climate.

How can Australian manufactures remain competitive?

In order for Australia to move up the competitive index over the next five years, the efficiency of our innovation system and better utilising our highly-skilled workforce will be seen the main differentiating factors for our success in manufacturing competitiveness.

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