The Productivity Commission’s interim report, Australia’s Circular Economy: Unlocking the opportunities, calls for urgent reforms to accelerate our transition toward a more sustainable economic model.
Commissioner Joanne Chong highlights barriers holding businesses back including outdated and inconsistent regulation, limited access to finance and insurance, and gaps in sector-specific information.
The report focuses on six sectors with major circular economy potential:
- Food and agriculture
- Built environment
- Textiles and clothing
- Mining
- Vehicles
- Electronics
Opportunities across each sector are identified, along with targeted policy interventions designed to drive progress. If adopted, these recommendations could shape future regulations and investment, making now the time for industry to engage
Shaping the future of business sustainability in Australia
Key suggestions include strengthening product stewardship for high-impact waste streams – to ensure businesses take greater responsibility for the lifecycle impacts of their products – and introducing more robust labelling around product durability and repairability
The Commission is now inviting feedback before finalising its recommendations. This is a critical chance for business to shape the future of sustainability in Australia.
Sustainable planning for Australian businesses
At Zooss Consulting, we help organisations embed environmental and social sustainability into business planning and reporting. We call this Sustainable Business Planning – and it has the power to deliver better outcomes for business, people, and our planet.
Find out more:
- Sustainable Business Planning that connects to the work we live in
- About Zooss, our leadership team, our values and pillar
- Anaplan Partner delivering better planning for businesses in Australia & New Zealand
- Ready to start planning sustainably? Contact us.
Better Planning. Better Planet.