Electronics products in Australia

Electronics design and making electronics products in Australia is both practical and profitable.  But more on that later.

First a couple of facts that will help explain why I think about this the way I do.

In 1946, 90% of all the manufactured products used in Australia were made in Australia. Not bad!

In 2006, 10% of all the manufactured products used in Australia were made in Australia. Not good!

So why is this an issue?

Ignoring balance of trade and such esoteric concepts, it’s about income and a future for ourselves and our children.  We ship raw material overseas but import the finished goods back here.  Most of the income and profit is happening for someone else, somewhere else.  And our tourism and service industries can only do so much to offset this.

It also doesn’t help that there are no significant incentives to be a manufacturer here.  Malaysia offers a 10 year tax holiday to a new industry setting up there.  Intel wanted their next semiconductor facility to be in Australia but the government offered them no incentives.  The Irish are sometimes jokingly portrayed as less than astute but they could clearly see the opportunity before them and made Intel an offer they couldn’t refuse. So now Intel are in Ireland when they really wanted to be in Australia.

In spite of all this, Australia is actually a fantastic place to  design and manufacture electronics products and over the next few weeks I will be revealing just why that is so and how we can all take advantage of our natural competitive edge.

Make it in Australia and Increase your Profits

Ray Keefe has been developing high quality and market leading electronics products in Australia for nearly 30 years.  For more information go to his LinkedIn profile. This post is Copyright © Successful Endeavours Pty Ltd.

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