Anthony Albanese
Share and Follow

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 explored the world of innovation, machine learning and artificial intelligence to transform the working lives of the next generation.

Anthony Albanese
Albanese Government to use economic summit to prepare Australia for a hi-tech future (9News)

But with technology moving so fast, knowing which buttons to press and what they might do isn’t always easily seen.

Anthony Albanese saying his Government’s economic summit will be pushing for new ideas.

“There’ll be some that can be done immediately.”

To speed up the building of new homes, the National Construction Code will be frozen and AI will be deployed to process environmental red tape holding up 30,000 housing approvals.

On the matter of electric vehicles, the summit will spur a national roll-out of a road user charge to replace fuel excise.

Anthony Albanese
The Prime Minister explored the world of innovation, machine learning and artificial intelligence to transform the working lives of the next generation at a mining expo. (9News)

“We’ll take the time to get those sorts of considerations right,” Treasurer Jim Chalmers said.

Although, the economic roundtable will be notable for what it won’t do – the Government saying it wants to spend its time and energy on areas where consensus may be possible.

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,” Shadow Industrial Minister Tim Wilson said.

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 characters always think the answer is less pay, worse conditions and harsher industrial relations,” Chalmers said.

The Government’s instead in the market for proposals they take to the next election in 2028, aiming to future proof the economy – and, the Albanese Government.

“Three days to help inform the next three budgets,” Chalmers added.

Share and Follow
You May Also Like

Century-Old Hostel Continues to Transform Women’s Lives Today

More than a century ago, the Young Women’s Christian Association (YWCA) bought…
Prime Minister Anthony Albanese has promoted a government-led campaign aimed at uniting the community in response to the terrorist attack at Bondi Beach.

Prime Minister Unveils Initiative to Foster Community Unity Following Bondi Beach Incident

Prime Minister Anthony Albanese has promoted a government-led campaign aimed at uniting…
Drone attack in Kyiv

Russia Intensifies Assault on Kyiv as Trump-Zelenskyy Peace Talks Approach

A recent aerial assault resulted in the death of a 71-year-old individual…
A disturbing number of Australians are helping drive child abuse in the Philippines, with 13 people charged and 92 children rescued. 

Shocking Australian Arrests: 92 Children Rescued in Major Philippine Operation

Alarming trends show that a significant number of Australians are contributing to…
Aubin Grove

Christmas Eve Tragedy: Three Teens Charged in Fatal Shopping Centre Car Park Incident

A man succumbed to his injuries at the hospital after being discovered…
Coral Adventurer

Cruise Ship Hits Ground on Maiden Voyage Following Tragic Passenger Incident

Australian-flagged vessel, the Coral Adventurer, hit a coral reef and ran aground…
Boris Tetleroyd, 68, was one of 15 people killed in the December 14 attack when the alleged father and son gunmen opened fire.

Bondi Beach Victim’s Family Dismisses Albanese’s Apology as Insincere

The tragic events of December 14, in which a hail of gunfire…
Wild weather sparks travel chaos for millions

Severe Weather Disrupts Travel Plans for Millions

More than one thousand flights were cancelled or delayed across the Northeast…