The Australian economy should be decentralized (localized) as much as possible. It should be self-sufficient in the basic necessities, including such things as food, clothing, housing, education and medical care. The nation needs to re-develop its manufacturing sector and enlarge it and modernise it.
Localizing the economy will require planning which should be done firstly at the local level. This will need administration. The administration should be at about the size of local councils – say 100,000 people. It might be done as part of local government, or it might be a separate body. At this size it is small enough to retain the sense of the local, at the same time, it is large enough to have the resources and person-power to be stable. And of course, there will also be a need for economic planning at regional and federal levels.