It is critical that Australia doesn’t allow the debate about reining in spending to come at the expense of efforts to enable sustainably faster economic growth.
Governments will not be able to maintain services if a growing share of value generated from Australian consumers flows to foreign headquarters
The CSLR was intended to give basic protection to mum and dad-type investors. It should not be a collectively funded vehicle for removing investment risk.
Now is a time for Australia to lean into the rest of the global trading system and play an even greater leadership role.
The real danger of Trump’s tariffs lies in the global economic impacts and global reactions, especially overreactions.
The Albanese government has inherited as strong an economy as any developed nation could hope for. But can it resist the temptation to tax and spend?
The economy’s strong rebound from the COVID-19 crisis shows the importance of preserving fiscal firepower for when it’s really needed.
