A new Econovation Insight Paper explores how circular economy can build industrial capability, support innovation and strengthen cities and regions. Drawing on examples from Australia and overseas, it argues that circular economy should become a mainstream economic development issue.

Australia’s economy has transformed dramatically over the past decade. While mining remains dominant, the rise of knowledge services, the digital economy and the caring sectors is reshaping the nation’s industrial landscape. Understanding these shifts is crucial for economic development leaders who must navigate emerging opportunities and challenges.