The only thing new about Jim Chalmers’ economic model is the name

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The only thing new about Jim Chalmers’ economic model is the name
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The treasurer has been busy explaining his new economic model. But one man’s “values-based capitalism” is another man’s corporate philanthropy model - just ask John Howard, writes Phillip Coorey.

One day in August 1999, John Howard jetted into Adelaide with a smile on his face.

“In the 1990s, the way I think that we get the best outcomes in building a better society is by shared endeavour.” “Because we can claim it as a tax deduction,” he said, before adding the school would further benefit Santos by addressing the critical shortage of petroleum engineers.

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