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Lucky country needs reform, not China reliance – The Australian Financial Review

Lucky indeed is the country whose diplomatic enemies are delivering the growth that their own domestic politics won’t grapple with. But we can’t rely on our luck…

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Yet stopping an emergency and resuming some normality are not the same as restoring dynamism and growth, which the government must now do. The post-virus economy remains laden with baggage and there is a reluctance to recognise it.
There is no support for reversing the absurdly legalistic operation of the better-off-overall-test for enterprise bargaining.
By mid-2021, the level of economic activity may be back to where it was in 2019. But thats not the same as getting back all the income and the…

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