In 2021, the Australian Government requested the Productivity Commission undertake an independent review into supply chain vulnerabilities and risks to prepare Australia for possible supply chain disruptions.
The purpose of the review was to examine the nature and source of risks to the effective functioning of our economy, Australians’ wellbeing associated with disruptions to global supply chains, identifying any significant vulnerabilities and possible approaches to managing them.
The interim report was released on 26 March 2021 and focused on imports. The interim report included a framework on how to identify supply chains that are vulnerable to disruption and also identified strategies to manage supply chain risks and circumstances under which government might intervene. The final report, which also looked at exports and was released on 13 August 2021, found that the vast majority of Australia’s supply chains are not vulnerable to disruption.