The newly formed Department of Manufacturing, Innovation, Trade, Resources and Energy in South Australia will play a key role in helping to prop-up South Australia’s manufacturing and trade industries.
The new department was formed following the South Australian Government’s decision to merge the former Primary Industry and Trade departments.
According to the Australian Industry Group, the Department of Manufacturing, Innovation, Trade, Resources and Energy will place a greater focus on manufacturing for the following reasons:
- The use of the word ‘manufacturing’ in the departmental name indicates the Government’s intention to focus on building a vibrant manufacturing sector to ensure future prosperity in the state.
- To take advantage of the emerging mining boom in South Australia and what it potentially can deliver to the state’s economy. This will be achieved by positioning public sector resources in the best possible way to ensure maximum leverage for local industry out of the development of resource projects.
A report by Adelaide Now cites that manufacturing contributes to 9.7 per cent of the state’s workforce, 30.3 per cent of exports and 31.4 per cent of research and development spending.