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AAP
AAP
Business
Nick Wilson

Australian economy 'drifting' despite natural gifts

The government is being urged to seek ambitious reforms to lift business investment and innovation. (Mick Tsikas/AAP PHOTOS)

Australia has the resources it needs to be a globally prosperous economy, but it is failing to convert those assets into meaningful growth, a think tank says.

Abundant renewable energy, critical minerals, a world-class research sector and ties to the world's fastest-growing region are among its advantages.

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