FUNDAMENTAL ROLE OF TRANSPORT SECTOR INDUSTRIES
The Inter-Port Global website highlights the fundamental role of economic infrastructure such as seaports, airports, roads and railways across all sectors of Australia’s economy.
Often overlooked, is the central role of transport sector industries and their contribution to Australia’s overall economic performance. Providing year-round services that support an estimated ninety percent of all industry sectors, at all stages of production, the economic importance of Australia’s transport and supply chain logistics industry cannot be underestimated.
Australia needs reforms that improve productivity and reduce business costs to remain competitive. The immediate challenge is to successfully manage the transition from a commodity price boom to new and broader drivers of economic growth.