Australian Government response to the Joint Standing Committee on Trade and Investment Growth report: Trade and the Digital Economy
Summary of publication
The Australian Government welcomes the Committee's report and its recommendations to support the responsiveness of Australia's regulatory system to the needs of the digital economy, and the cyber resilience of Australia's trade-focused business sector. The Government supports the direction of all the recommendations, noting that work is already underway to address them.
The Government recognises that new technologies are transforming Australian industries, workforces and communities. Our ongoing success depends on our ability to harness technological advances to improve existing businesses, create new products, services and markets, and enhance daily life.
The Government also recognises that a cohesive and coordinated approach to digital economy policy is necessary to enable businesses and citizens to take full advantage of an increasingly globalised and digitised world. This is why the Government released the digital economy strategy, Australia's Tech Future (Rec. 3 of the Committee's report) on 19 December 2018.
The Government developed Australia's Tech Future in consultation with a wide range of businesses, community groups and academics, integrating input and feedback from agencies responsible for issues related to the digital economy. There is substantial work on the digital economy occurring across all sectors, including trade. The digital economy strategy will improve the coordination and cohesion of digital economy policy and awareness. The Government will continue to work with key stakeholders, including state and territory governments to discuss, coordinate and collaborate on activities to strengthen Australia's tech future.
Responses to individual recommendations are set out in the downloadable attachment.