Australia ACT wants to grow Knowledge Economy

Australia – Canberra’s business community says it’s time to kick-start the ACT [Australian Capital Territory] economy and has endorsed Andrew Barr as the man for the job.  Encouraging local business, growing the ACT’s knowledge economy and the new convention centre were on the business wishlist for the new Barr government, after the new Chief Minister was sworn in on Wednesday.  Canberra Business Chamber chief executive Chris Faulks said the growing sector needed to be a priority, as the public sector continued to scale back.  “We need to move beyond [land sales and property tax] to invest in enabling infrastructure, to grow other industries in Canberra where we have a natural competitive advantage, industries like our knowledge-based economies, leveraging our research and learning institutions and entrepreneur base,” she said.  Link