Blog Layout

Interview with Premier of south Australia, Stephen Marshall

Staff writers

South Australia over the past two years, concurrent to the Marshall government, has displayed a burst of activity to spur innovation across numerous sectors. Importantly, the state has a target goal of three per cent growth annually, and a method for achieving it across nine sectors: international education, defence, space, hi-tech, health and medical industries, food, wine and agribusiness, tourism, energy and mining and creative industries. Our editors conducted an original interview with Premier Steven Marshall for this publication on June 9, 2020.

From our visits and reading, we have seen a sharp focus on innovation to achieve your growth goals. How did you identify which sectors to target?

Premier SM: We did a serious assessment, including consultation with business leaders, researchers, and influencers. To create jobs for the future it was clear that a sole reliance on South Australia’s traditional industries of agriculture, mining, construction was not enough for the 21st century. We needed to orient to future industries, we needed a trans-industry push on science and innovation growth.


What in your view is the role of government in achieving these objectives?

PSM: It is not only a question of giving grants. The government can achieve a number of small but important things to leverage creativity and entrepreneurship. We can help create the right environment, an emphasis on diversity and inclusion. Government can assist in improving relevance of education. A key function, which might be overlooked by some governments, is to become an active customer of appropriate new technologies and associated products. 


We see that Adelaide has the largest IOT precinct in the southern hemisphere.

PSM: We have attracted MIT, which is outstanding, and are making strides in machine learning and autonomous systems. These are the keys to the phenomenon dubbed the 4th industrial revolution. If you look at, for example, the partnership between the locally founded Myriota and the global company Motherson you see the kind of synergy which a focused precinct can produce. 


We believe that the South Australian ambition is to be a leader in the emerging space industry.

PSM: True. We have a long history of Defence related infrastructure and production. The Federal government wants to accelerate this industry, wisely. We have a Space Innovation Fund, an incubation program and allied venture capital facility and University collaboration where needed. We have small local companies working alongside international giants like Boeing and BAE systems. And the macro view is important – our national Space industry is expected to triple by 2030 to $12bn per annum. This means more, and meaningful jobs. 


Why, given a very busy schedule did you choose the Ministerial portfolio of Defence?

PSM: There is a preference in that industry, with many very large companies to deal with senior leadership. It is an industry which is very much relationship based. 


Speaking of Venture Capital, we see your team approved Artesian VC – how were they chosen?

PSM: Their experience and orientation. They are focused on start-ups, understand them, look deeply into both technologies like Myriota, and other medical service businesses of promise such as Kid Sense Child Development.


You are doing something which we admire: the business of active talent attraction. In fact we have been writing about it and quietly lobbying for more of it for decades. You have SISA, which stands for …

PSM: Supporting Innovation in South Australia. Its run by our immigration program, and is doing well. The national pilot program selectively encourages entrepreneurs to live here and build their business in our State. We’re wanting to attract ambitious seed-stage entrepreneurs.

 

And apart from granting entrance to the State?

PSM: This is what makes it a real program, the fact that there is support, under the office of the Chief Entrepreneur, some mentoring, assistance with networking, help in getting to know the environment we have, and are building.


We’ve said repeatedly that Australia should market more aggressively in this area, because it has so much to offer.

PSM: And Adelaide, my city, of course – one of the 10 most liveable cities on Earth, access to all the essentials for business building, an encouraging atmosphere. One thing we have learned from this Covid period is that people can successfully work remotely. I would extend that to say, given the right environment, you can build a potential international business — build scale – anywhere, and certainly that is true of Adelaide today. 


You have another program – or is it an organisation?

PSM: It’s both and with specific strategic aims. Future Industries Exchange for Entrepreneurs. Its run by Jim Whaley, our Chief Entrepreneur, a fairly new position. A lot of its growth has been spontaneous, it is not solely a government initiative, the community interaction and involvement has been a vital force. It is centred on building a world class innovation precinct, called Lot 14 and such undertakings do exert their own magnetism. It has created more interaction between start-ups, entrepreneurs and our larger companies.


And your Chief Scientist is involved in FIXE as well?

PSM: Very much so. Caroline McMillen, who has a distinguished academic and practical background in health and medical research.


You have a Bio Med precinct as well, we have read about. 

PSM: We are building on the strengths, in part, of the new Royal Adelaide Hospital, a beautifully designed structure, in the heart of Adelaide - one of the finest in Australia, by all criteria. Its also a teaching hospital. We are encouraging partners and collaborations in the wider area of bio med and advanced medical research, and related technical development. 


It occurs that per capita, Adelaide probably has more technology parks, hubs and research concentrations than most cities. We’re thinking also of Tonsley Innovation District, Technology Hub Lot Fourteen, and the Bio-Med precinct.

PSM: And the Defence Technology facility, too, at Salisbury.


Last, we wonder how you manage also to carry the Arts portfolio, and why?

PSM: I am interested in Art generally, it enlivens and pleases the public, of course. But I have also long been fascinated by the engagement of major business with the arts. In fact some of the new digital art we see, may lead to some exciting new uses of technology which might be utilised by industry, a sort of side benefit.



Myriota is based in Adelaide’s Lot Fourteen startup precinct. The space and technology company operates nanosatellites, weighing between 1-10kg, which enable the direct transmission of data from IoT devices, and was the first company to do so in 2013. It was the first Australian company to sign with the Australian Space Agency (also based in South Australia) as a strategic partner. 


By enabling the collection, and transfer of vast amounts of data gathered in real-time by sensors, even in remote areas, the company’s nanosatellites allow for longer battery life in the IoT devices, while guaranteeing a connection. This brings the price point of real-time monitoring down, while increasing its reliability. 


Importantly, the technology is scalable, with the nanosatellites able to handle vast volumes of data.


The company has partnered with Motherson South Australia, a subsidiary of India-based Samverdhana Motherson Group, to manufacture the module which transmit data from the source to the satellites. In a nod to South Australia’s automotive manufacturing past, Motherson is a specialist in rear-view camera technology for motor vehicles.


By design, South Australia’s focus on building an IoT and space industry has led to a collaboration between a global giant, local Adelaide company, leaning on the state’s automotive experience and manufacturing assets.

Tonsley Innovation Park is a good microcosm of what South Australia does well: Government working in close consultation with private industry to maximise economic and social benefit. It revitalises a former car manufacturing hub, creating new opportunities of the future. 


Built in 2017 with innovation and collaboration as its specific goals by design, the mixed-use precinct also features a train station, while supporting social interaction, activities, and events. Beyond its physical features, the ‘triple helix’ partnership underpinning the model also includes a focus on economic assets, including anchor businesses alongside research and training institutions, and networking assets.


Already, it is home to TAFE SA, along with Flinders University, Siemens, the Innovative Manufacturing CRC, and the Australian Hydrogen Centre. It also features business accelerators, and world leaders in medical technology such as Micro X and Zeiss.



By leveraging Adelaide’s low-risk business environment, and liveability, it allows for the attraction of world-class talent, which helps enrich the local business environment and innovation ecosystem. It is close to prime beaches, southern vineyard districts, and boasts a clean, green environment. Just 12km away from the Adelaide International Airport, it makes trade missions and global outreach much simpler.

This article is taken from the recently published digital book

Australia's Nobel Laureates Vol III State of our Innovation Nation: 2021 and Beyond

click here

By By Harley Paroulaksis, CEO Paspalis, CEO Darwin Innovation Hub 20 May, 2023
Getting asked what we look for in deals is one of the most common questions I get as an investment manager.
20 May, 2023
The Small Business Association of Australia is dedicated to supporting SMEs, acting as their voice to government and helping them connect, grow, and prosper well into the future.
By By Shiv Meka 20 May, 2023
Sensibles may sound like science fiction, but this revolutionary technology is making waves in aged-care facilities, and has the potential to transform health monitoring at scale.
28 Mar, 2023
Alice Springs and the deserts of Central Australia don’t sound like a food basket, but they are for businesswoman and bush foods innovator Rayleen Brown.
By Gillian Cumming 28 Mar, 2023
A new report aims to lay the foundations for a deeper and more meaningful and equitable relationship between Indigenous and non-Indigenous Australians in the mining transition sector.
By Dr Saraid Billiards - CEO of the Association of Australian Medical Research Institutes. 27 Mar, 2023
If the health and medical research sector in Australia is to move forward, it must address gender equity, diversity, and inclusion- which means making the sector a safe and inclusive workspace for all.
27 Jan, 2023
A ground-breaking sheep technology system is bettering the businesses and lives of Australian sheep breeders thanks to a revolutionary combination of software, hardware, and support never before combined into one cohesive unit.
27 Jan, 2023
ANCA took an early view to look beyond Australia’s shores whilst developing advanced manufacturing technologies now viewed as ‘business as usual’
By Andrew Downs 27 Jan, 2023
As Australia grapples with a critical skills shortage, many are now encouraging young people to embrace a career in the trades, where a wealth of opportunities awaits.
By By Ben Kehoe 27 Jan, 2023
In 2016 I published a blog article titled Moonshots for Australia: 7 For Now. It’s one of many I have posted on business and innovation in Australia. In that book, I highlighted a number of Industries of the Future among a number of proposed Moonshots. I self-published a book, Innovation in Australia – Creating prosperity for future generations, in 2019, with a follow-up COVID edition in 2020. There is no doubt COVID is causing massive disruption. Prior to COVID, there was little conversation about National Sovereignty or supply chains. Even now, these topics are fading, and we remain preoccupied with productivity and jobs! My motivation for this writing has been the absence of a coherent narrative for Australia’s business future. Over the past six years, little has changed. The Australian ‘psyche’ regarding our political and business systems is programmed to avoid taking a long-term perspective. The short-term nature of Government (3 to 4-year terms), the short-term horizon of the business system (driven by shareholder value), the media culture (infotainment and ‘gotcha’ games), the general Australian population’s cynical perspective and a preoccupation with a lifestyle all create a malaise of strategic thinking and conversation. Ultimately, it leads to a leadership vacuum at all levels. In recent years we have seen the leadership of some of our significant institutions failing to live up to the most basic standards, with Royal Commissions, Inquiries and investigations consuming excessive time and resources. · Catholic Church and other religious bodies · Trade Unions · Banks (and businesses generally, take casinos, for example) · the Australian Defence Force · the Australian cricket teams · our elected representatives and the staff of Parliament House As they say, “A fish rots from the head!” At best, the leadership behaviour in those institutions could be described as unethical and, at worst….just bankrupt! In the last decade, politicians have led us through a game of “leadership by musical chairs” – although, for now, it has stabilised. However, there is still an absence of a coherent narrative about business and wealth creation. It is a challenge. One attempt to provide such a narrative has been the Intergenerational Reports produced by our federal Government every few years since 2002. The shortcomings of the latest Intergenerational Report Each Intergenerational Report examines the long-term sustainability of current government policies and how demographic, technological, and other structural trends may affect the economy and the budget over the next 40 years. The fifth and most recent Intergenerational Report released in 2021 (preceded by Reports in 2002, 2007, 2010 and 2015) provides a narrative about Australia’s future – in essence, it is an extension of the status quo. The Report also highlights three key insights: 1. First, our population is growing slower and ageing faster than expected. 2. The Australian economy will continue to grow, but slower than previously thought. 3. While Australia’s debt is sustainable and low by international standards, the ageing of our population will pressure revenue and expenditure. However, its release came and went with a whimper. The recent Summit on (what was it, Jobs and Skills and productivity?) also seems to have made the difference of a ‘snowflake’ in hell in terms of identifying our long-term challenges and growth industries. Let’s look back to see how we got here and what we can learn. Australia over the last 40 years During Australia’s last period of significant economic reform (the late 1980s and early 1990s), there was a positive attempt at building an inclusive national narrative between Government and business. Multiple documents were published, including: · Australia Reconstructed (1987) – ACTU · Enterprise Bargaining a Better Way of Working (1989) – Business Council of Australia · Innovation in Australia (1991) – Boston Consulting Group · Australia 2010: Creating the Future Australia (1993) – Business Council of Australia · and others. There were workshops, consultations with industry leaders, and conferences across industries to pursue a national microeconomic reform agenda. Remember these concepts? · global competitiveness · benchmarking · best practice · award restructuring and enterprising bargaining · training, management education and multiskilling. This agenda was at the heart of the business conversation. During that time, the Government encouraged high levels of engagement with stakeholders. As a result, I worked with a small group of training professionals to contribute to the debate. Our contribution included events and publications over several years, including What Dawkins, Kelty and Howard All Agree On – Human Resources Strategies for Our Nation (published by the Australian Institute of Training and Development). Unfortunately, these long-term strategic discussions are nowhere near as prevalent among Government and industry today. The 1980s and 1990s were a time of radical change in Australia. It included: · floating the $A · deregulation · award restructuring · lowering/abolishing tariffs · Corporatisation and Commercialisation Ross Garnaut posits that the reforms enabled Australia to lead the developed world in productivity growth – given that it had spent most of the 20th century at the bottom of the developed country league table. However, in his work, The Great Reset, Garnaut says that over the next 20 years, our growth was attributable to the China mining boom, and from there, we settled into “The DOG days” – Australia moved to the back of a slow-moving pack! One unintended consequence of opening our economy to the world is the emasculation of the Australian manufacturing base. The manic pursuit of increased efficiency, lower costs, and shareholder value meant much of the labour-intensive work was outsourced. Manufacturing is now less than 6% of our GDP , less than half of what it was 30 years ago!
More Posts
Share by: