6  See Business Council of Australia (2013), Action Plan for Enduring Prosperity, July. BIS central bankers’ speeches  5  I suspect few of you would disagree with the idea that improving our infrastructure is important if Australia is to compete successfully in international markets in the years ahead.
Over recent times, we have done quite well in building the infrastructure needed to export resources to the rest of the world. But we need to do more if we are to achieve that same success elsewhere. In the years ahead, it is unlikely that Australia’s comparative advantage will lie in the production of standardised mass-produced manufactured goods for the global market.