The Albanese Government will use a three-day economic summit this week to prepare Australia for a hi-tech future.
The Prime Minister says some ideas will be acted on immediately, while others may be taken to the Australian people at the next election.
At a mining industry expo today, the Prime Minister delved into the realm of innovation, machine learning, and artificial intelligence with the intent to revolutionize the working lives of the future generation.
“We’ll take the time to get those sorts of considerations right,” Treasurer Jim Chalmers said.
However, the economic roundtable will be noteworthy for what it will not do – the Government has expressed its desire to focus its efforts on areas where consensus might be achieved.
So, out go some of the more contentious areas of reform. There’ll be no changes to GST, negative gearing or capital gains tax.
Nor is the Government keen to consider any changes to industrial relations laws.
“How we make the system simpler, more straightforward, and introduce harmony into the workplace so people can get paid more,” stated Shadow Industrial Minister Tim Wilson.
While Nationals Leader David Littleproud said “the unions again are high up in the stirrups, they’re running the show”.
But the treasurer disagreed with the sentiment.
“No matter what the question is, these figures always seem to think the solution is lower pay, poorer conditions, and stricter industrial relations,” remarked Chalmers.
Instead, the Government is seeking proposals to present at the next election in 2028, aiming to future-proof the economy – as well as the Albanese Government.
“Three days to help inform the next three budgets,” Chalmers added.
