Both major parties are failing to meaningfully engage with the centrist growth agenda of incentive-sharpening policy reform and mostly disciplined macro policy that provided the foundation for Australia’s three decades of prosperity.
Already a subscriber?Jim Chalmers’ budget and Peter Dutton’s budget reply added up to a bad week for Australian prosperity. Despite the’s warning of a low-growth future over the next four decades, both major parties are failing to meaningfully engage with the centrist growth agenda of incentive-sharpening policy reform and disciplined macro policy that provided the foundation of Australia’s three decades of prosperity, broken only by a global pandemic.
Reflecting the strength of commodity exports, Labor has been blessed by one of the greatest revenue rebounds.
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