Industry is best placed to drive cultural change and overcome barriers to innovation, productivity and growth. The government has tasked the Growth Centres with leading cultural change in their sectors. They focus on:
increasing collaboration and commercialisation
improving international opportunities and market access
The Growth Centres are not-for-profit organisations, each led by a board of industry experts. By building capability and collaborative networks, industry sectors will be able to build stronger futures for themselves.
Each Centre has its own Sector Competitiveness Plan describing:
the 10-year strategy for the sector
identified regulatory reform opportunities
Industry Knowledge Priorities such as skills and research requirements
Growth Centres have:
engaged with over 26,336 organisations and firms
committed $56 million to 144 projects and leveraged more than $82 million from industry and research partners with the total direct value of these projects exceeding $138 million
working with Austrade and other organisations to engage with international markets
Mining Equipment, Technology and Services (METS)
The Mining Equipment, Technology and Services Growth Centre, METS Ignited, works with Australian mining industry suppliers, global miners, researchers and capital providers to improve competitiveness and productivity.